Articles

Single Touch Payroll

Single Touch Payroll reporting (STP) is an Australian Government initiative that streamlines the reporting of tax and superannuation information to the ATO. STP reporting requires a payroll report to be sent to the ATO detailing the payroll information (employees' tax...

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Payroll to do list for July 2024

This start of the financial year, has bought in several changes to tax, super and wages. Which will impact the payment to your nanny and domestic staff. Superannuation Increase to 11.5% Starting from July 1st, 2024, the superannuation guarantee rate will increase to...

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Directly engaging your own NDIS staff

If you have self-managed NDIS funding, you can directly employ staff. Giving you the ultimate control over the people who work with you, the hours they work and the tasks that they perform. As a self-managed participant, you can use any provider whether they are NDIS...

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Employee vs contractor

Generally, nannies, housekeepers and most domestic staff or carers are seen by the ATO as employees rather than contractors. This doesn’t mean they can’t be genuine independent contractors. Each situation needs to be assessed individually. The ATO use to have a...

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ATO super crackdown

Since 2017, the ATO has been collecting employee payslips to manage to national tax gap. The most recent National ATO Audit Report concluded that many employers haven’t been paying superannuation to their employees on time or at all. Because of reports of large...

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