Manufacturing

TPAR – Reporting Subbies

Starting this year the TPAR report for Subbies has expanded from just the construction Industry. The ATO have the following additional industries now requiring to report how much they are paying each subcontractor and or Consultant.    You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a: business providing   […]

Manufacturing

Partial Year STP

We have had a number of clients ask questions about reporting part of a year via Single Touch Payroll. If employees were paid earlier in the last financial year before you started Single Touch Payroll but left before you started STP then the ATO prefer that you report via STP their year to date totals. […]

Manufacturing

Low and Middle Income Tax Offset

On 5 July 2019, the Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Act 2019 received Royal Assent.   This Act makes changes to lower taxes and builds on the Personal Income Tax Plan as announced as part of the 2019-20 Federal Budget. We are waiting for the details to […]