If you have not been supplied with a payment summary (group certificate) this year, don’t panic… as from now onwards you may not receive a payment summary from your employer, as it is directly being created online via the ATO’s myGov system which you will have to login to. If you have not done so […]
As you should be aware, Australia has adopted a Single Touch Payroll (STP) system whereby every time you are remunerated/ paid, the information of that remuneration/payment goes directly from your employer or payroll providers to the ATO… What does this mean for you the employee??? The ATO will keep updating your total year-to-date salary (YTD) […]
Single Touch Payroll has been in the pipeline for a few years now but recently the ATO has made it mandatory for the SMEs to adopt. Usually businesses report the payroll only once a year to the ATO, whereas now they are required to do so after each pay in a digital format while using […]
Single Touch Payroll has been in the pipeline for a few years now but it is recently that the ATO has made it mandatory for the SMEs to adopt. Usually, businesses report the payroll only once a year to the ATO, whereas now they would be required to do so after each pay day in […]
