by Val Tse | Jun 24, 2019 | ATO
by Val Tse | Jun 4, 2019 | ATO, Business
Single Touch Payroll (STP) is a Federal Government regulation that changes when and how businesses report payroll activity to the Australian Taxation Office (ATO). It requires businesses to report payments such as salaries and wages, pay-as-you-go (PAYG) withholding...
by Val Tse | May 1, 2019 | ATO, ATO - Living Expenses Tool
It’s known by a variety of names, such as the black economy, or even the cash or hidden economy. But whatever the label, its existence is a pebble in the ATO’s shoe that it is forever looking to prise out. As part of that ongoing effort, it has settled upon certain...
by Val Tse | May 1, 2019 | SMSF, SMSF- Super Downsizer Scheme
Under the superannuation downsizer scheme, people aged 65 and older can make a non-concessional (post-tax) contribution of up to $300,000 from the proceeds of selling what was once their family home. Downsizing enables more effective use of housing stock, and existing...
