Single Touch Payroll (STP) is an initiative by the Federal Government with the aim of simplifying business-reporting obligations. The reporting change will be for employers with 20 or more employees initially and will take effect from 1 July, 2018. Employers will need to report payments such as salaries and wages, PAYG withholding and superannuation electronically through to the ATO directly from their payroll software at the same time they pay their employees. So What does t

The ATO have announced they will be paying close attention this year to individuals who are over-claiming on work-related expenses. To ensure you are claiming the right amount for deductions, here are three simple rules you can follow: 1. You've spent the money and were not reimbursed 2. It’s directly related to earning your income, and not of a private nature 3. Have a record to prove it Some other things you need to consider before making a work-related expense claim: · Wou

It’s safe to say that Cloud Software has completely changed the dynamics of our accounting processes delivering high performance and flexibility to users within a web-based environment. The Cloud makes essential information available to those who need it, when they need it, wherever they are. However, whilst most businesses are embracing the Cloud we are finding a common theme with people asking; Is the Cloud safe and secure to use? And is it actually reliable? To address som