Auslink Accounting & Tax in Burwood, New South Wales | Financial planner
Auslink Accounting & Tax
Locality: Burwood, New South Wales
Phone: +61 2 9715 2900
Address: Office1, Level 3 / 4 Railway Parade 2134 Burwood, NSW, Australia
Website: http://www.phillipstranyu.com.au
Likes: 6
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24.01.2022 Under single touch payroll system, employers will report payments such as salaries and wages, PAYG withholding and superannuation information directly to the ATO from their payroll system, at the same time as they pay their employees. Single touch payroll will not change when superannuation and PAYG withholding is payable. Single touch payroll will be mandatory from the 1st of July 2018 for substantial employers. These are employers with 20 or more employees. ... It is expected that employers with 19 or fewer employees will be required to use single touch payroll from the 1st of July 2019, but this is still to be confirmed in legislation.
13.01.2022 Families who earn over $186,958 per year will feel the biggest impact as families who earn below this amount wont have a cap on the amount of Child Care Subsidy they will receive. Those who earn above this threshold but under $350,000 will be limited to $10,000 a year and lose their 50% rebate which will be reduced to 0% gradually when combined earnings reach more than $351,248.
12.01.2022 We are now advising our clients involved in the cleaning and courier industries to prepare for their obligations for the proposed Taxable Payments Annual Reporting or TPAR.
07.01.2022 Businesses that have an annual turnover of $10 million or less will have less tax to pay on their 2016-17 income tax return. The Australian Taxation Office has lowered the company tax rate to 27.5% for those businesses with $10 million or less of turnover, who have operated for all or part of the year.
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