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Tag: Wage

‘Don’t cancel your Christmas holidays for STP Phase 2’

The ATO is expected to announce a deferral regime for the mandatory expansion of Single Touch Payroll, with the 1 January 2022 deadline not expected to be a “cold, hard cut-off”, says one industry body. Mandatory STP Phase 2 reporting is now set to commence from 1 January 2022, with employers soon required to report additional…
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PREPARING FOR THE END OF JOBKEEPER

The Federal Government’s JobKeeper wage subsidy has been a lifeline for thousands of Australian businesses which have been affected by the COVID-19 pandemic. Originally scheduled to end in September 2020, the scheme will now end on 28 March 2021, pending any further announcements from the Federal Government. Nathan Hood, CPA and co-founder of the accounting and business advisory firm Carbon…
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