Over 500m in Penalties Detailed for STP Non Compliance

02

Jul

Over $500m in Penalties Detailed for STP Non-Compliance

Large employers can face up to over $500 million in penalties for missed or late Single Touch Payroll reports as the transition year for bigger businesses tapers out. With employers with 20 or more employees required to be STP-compliant from 1 July 2018, the 12-month transition period has now run its course, meaning penalties are now in effect. Small […]

The 5 Most Important Accounting Reports for Your Small Business

When it comes to small business accounting, most people know that it is important to keep your records updated for taxes. However, there are many more benefits from small business accounting that you can use to grow, improve and expand your business. Here are some of the most important accounting reports for your small business that you should know about.[…]