fbpx

JobKeeper Extension

https://www.youtube.com/watch?v=5MmNcIIax-k&t=121sThe JobKeeper Payment will be extended by six months to 28 March 2021 and the temporary Coronavirus Supplement for those on income support will be extended until 31 December 2020.The JobKeeper Payment has been instrumental in supporting job retention, maintaining employment links and business cash flow, as well as providing...

Sole Trader vs Company

The main difference between a sole trader vs company is the following; a sole trader traders under an ABN in your personal name; and, a company is a separate legal entity with its own ABN, ACN & TFN So, what does this mean? From a tax perspective, any profits (income less expenses)...

ATO Single Touch Payroll

Single Touch Payroll (STP), is a new way of reporting tax and superannuation information to the Australian Taxation office (ATO). With STP you report employees' payroll information – such as salaries and wages, pay as you go (PAYG) withholding and super – to the ATO each time you pay them...

Top