Super Changes Start Today

Super Changes Start Today: What do you need to know and do? We did alert you to these changes a few months back, but the day of change is finally here. From today, 1 July 2022, a few things in super change which will impact payroll. You need to be aware of these...

STP Finalisation

Hello 2022 EOFY   It’s that time of year again when employees will be eagerly awaiting their Annual Income Statement needed to have their individual tax returns done. To avoid disappointment and issues we suggest employers advise employees not make appointments...

Super Deadline

Super Deadline   If after consulting with your Accountant, you are planning to bring forward payment of your June quarter super to secure a tax deduction in the year ending 30/6/22 please be aware that it must reach the employee’s super fund by 30th June.   As we are...

Minimise Key Person Risk

What is a Key Person? A Key Person is someone with a proven skill and/or critical knowledge behind that skill, in a particular area of a business who is relied on heavily. This person is seen as the ‘go to’ person but doesn’t necessarily need to be in a leadership...

Fuel Tax Credit Rate Changes affecting your March 22 BAS

Here’s what you need to know about the 2 changes to Fuel Tax Credits in the last quarter.   The first change was on 1st February 2022 due to CPI Indexation. The second change was on 30th March 2022 as a result of the halving of the excise duty rates...