Category: tax changes
I wanted my $1,080 tax refund
Have you already lodged your 2019 individual tax return? You were encourage to do it by the new government so you could get the $1,080 refund. Well if you were eligible for the Low Medium Income Tax Offset (LMITO). Be careful as you may have jumped the gun. Remember the […]
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ATO collecting more and more and more data
Any digital footprint that you leave or whenever you submit your TFN to any organisation, the ATO can find and use this information. Facebook, LinkedIn, Instagram, Bank Accounts, Stockbroking accounts – here and overseas….. data is available. For individual tax returns for 30 June 2019 and beyond, the ATO are […]
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All in! #STP Payroll reporting 1 July 2019
Whether you are an employer or employee, the new reporting regime for payroll called Single Touch Payroll (STP) will impact you from 1 July 2019. All employers must now be in STP regardless of the number of employees – full time, part time or casual. STP means that payroll information […]
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