Jun 10, 2022 | Business Advice
Single Touch Payroll (STP) has been expanded to reduce the pressure on employers who are required to report employee information to a variety of government agencies. The first phase of STP has been a mandatory obligation for all business that withheld PAYG...
Jun 8, 2022 | Business Advice
As part of the 2019–20 Budget, the Australian Government announced that Single Touch Payroll (STP) would be expanded to include additional information. The expansion of STP, also known as STP Phase 2, will decrease the reporting burden for employers who need to...
Jun 6, 2022 | Uncategorized
On 1st January 2022, changes were introduced to Single Touch Payroll (STP). The changes mean that employers are now required to report to additional information on or before each payday. This is known as STP Phase 2. The additional information is designed to assist...
Jan 27, 2022 | Business Advice
Businesses across Australia are struggling to remain open with challenges associated with staff shortages, supply chain problems which are leading to higher costs and a huge drop-in customer activity due to impact of omicron. As a result of these issues many small...
Nov 4, 2021 | Business Advice
A recent study from Deloitte has illustrated that Australian SME’s could potentially save over $40,000 a year if they choose to transition into electronic invoicing. The recently published report revealed that Australian small to medium sized businesses (SMBs) process...
