From 1 July 2022, the $450 per month threshold for super guarantee eligibility will be removed. The change will expand the coverage of SG to eligible employees regardless of their monthly pay.
Single Touch Payroll (STP) Phase 2 reporting starts 1 January 2022. If you employ staff, you’ll need to be ready for this change. New guidelines that explain the changes are now available to help.
Employers should turn their attention to managing the superannuation guarantee (SG) increase which comes into effect on 1 July.
Employers wanting to claim JobKeeper payments from 28 September will need to reassess their eligibility and prove that turnover has declined. Some businesses that did not qualify for the original JobKeeper payments may find that they now qualify for the new JobKeeper payments.
The ATO Not-for-Profit team are keen to ensure all eligible P&Cs receive their Cash Boost entitlement. In order to streamline the process, P&Cs are invited to complete a survey.
The Government has increased its stimulus package to businesses and not-for-profits that have employees. State School P&Cs will qualify if they had employees at the 12th March 2020.
If you’re an Australian employer, you may be aware that changes took effect from 1 March 2020 to modern awards that will require added compliance.
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. We look at how to open new markets with fresh new products or services using 7 great strategies.
