Tax

Laundry on a rack

ATO targeting false laundry claims

folder_openTax
turned_in_notATO, false claims, laundry claims
The ATO will target false clothing and laundry work-related expense claims this Tax Time. In 2018, around six million people claimed work-related clothing and laundry expenses totalling nearly $1.5 billion. Assistant Commissioner Karen Foat said although many Australians can claim…
Read More

Tax cuts become law

folder_openTax, Tax Returns
The Government has announced that more than 10 million Australians will receive immediate tax relief following the passage of legislation through the Parliament, which increases the top threshold for the 19% tax rate from $41,000 to $45,000 and increases the…
Read More
Single Touch Payrolls

Single Touch Payroll

folder_openTax, Tax Returns
turned_in_notATO, Single Touch Payroll, STP, Tax
Understanding STP obligations Single Touch Payroll (‘STP’) is a Government initiative aimed at cutting red tape for employers and improving visibility of compliance with business obligations such as: salary and wages and similar payments; Pay As You Go (‘PAYG’) withholding;…
Read More
keyboard_arrow_up