As you are aware, P+Y offers a number of tax planning solutions designed to cater for your varying needs. Now is the time to put your tax planning strategy in place to ensure you achieve the best outcome possible. Contact us now to arrange your tax planning solution on (07) 3217 5700 or contact@py.com.au …
Single Touch Payroll applies to ALL employers from 1 July 2019 Single Touch Payroll (STP) requires employers to report wages, taxes withheld and super information to the ATO at each pay run, rather than monthly or quarterly as previously. blank Urgent Action Required: Employers with 20+ employees (large employers) STP became mandatory on 1 July…
The 2019-20 Federal Budget announcements were wide-ranging and much of the detail has not yet been released. Announcements include: Instant asset write-off extended to medium sized businesses Threshold for instant asset write-off increased Personal tax cuts and further rate changes from 2022 For further details, please refer to our concise and helpful Federal Budget 2019-20…