by Camden Professionals | Apr 2, 2024 | Announcements, ATO, PAYG, Smalll Business
The PAYG withholding cycle determines reporting and payment frequency to the ATO. The ATO will write to tax agents and employers in April to announce if your PAYG withholding cycle needs to be upgraded. Your new withholding and payment cycle will depend on the amount...
by Camden Professionals | Apr 1, 2023 | Business Advisory, How To, PAYG, Small Business, Small Business Tips, Tax & Accounting
What is Single Touch Payroll (STP)? Small businesses and employers must now report superannuation contributions, income tax withholdings and other payment information via a Single Touch Payroll (STP) system. This system replaced the traditional paper-based reporting...
by Camden Professionals | Feb 6, 2023 | Cashflow, PAYG, Small Business, Small Business Tips, Tax & Accounting
Setting up a new business is an exciting, but it is critical to consider how you structure your business correctly to gain the maximum tax benefits. Many Australians initially set up the small business as a sole trader. This article looks at what your tax obligations...
Recent Comments