As part of the new Single Touch Payroll legislation introduced last year, there are a number of End-of-Year Payroll Reporting changes which now require action having entered Financial Year 2020/21.
In a world that is constantly evolving, business owners need to be across consumer trends, product innovation, competitors and staffing matters. But how many owners keep check of their business structure, its relevance and effectiveness, as time marches on?
What you need to know – Changes to Self Managed Superannuation Funds (SMSFs) in Australia
From 1 July 2014, the Australian Taxation Office (ATO) will have new powers to improve SMSF standards and prevent the system from being manipulated.