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Our Latest Blog Articles

JobKeeper 2.0 Alternative Tests

JobKeeper 2.0 Alternative Tests

JobKeeper 2.0 again requires businesses to qualify on decline in turnover. You can again use the JobKeeper Alternative Tests if you don’t satisfy the Ordinary Tests.

Are you ready for Single Touch Payroll?

Are you ready for Single Touch Payroll?

Single Touch Payroll (STP) works by sending tax and super information from your payroll software to the ATO as you process each pay-run. Once set up, your payroll processing continues as normal, however the ATO will receive information on salaries, wages, PAYGW and super for your employees.

Understanding Instant Asset Write-Off

Understanding Instant Asset Write-Off

If you’re currently in ‘tax-planning’ mode, your accountant has likely mentioned ‘instant asset write-off’ to you. Accountants got a bit excited in early April when the asset threshold for this measure was increased to $30,000 as it extends the types of asset purchases clients can make and fully write-off in the current financial year.