SINGLE TOUCH PAYROLL – PHASE 2 – WHAT YOU NEED TO KNOW

SINGLE TOUCH PAYROLL – PHASE 2 – WHAT YOU NEED TO KNOW

On 1 January 2022, the STP Phase 2 was introduced. This phase expands the obligatory employer reporting requirements as well as making it easier to provide specific employee information to multiple government agencies. STP Phase 2 has many benefits for employers, and...
The Low Income Super Tax Offset

The Low Income Super Tax Offset

Investing through superannuation is often done due to the lower tax rates on super than what most people actually have to pay. A super fund only pays 15% tax on what the fund receives. When contributions are made to the super fund, it will only pay 15% tax on those...
Living Life Without The Added Costs Of Insurance Premiums

Living Life Without The Added Costs Of Insurance Premiums

Life insurance is one of those things that you really shouldn’t live without, but it doesn’t need to be complicated. It can be a difficult product to understand with so many features and terms, but once you know how it all works together, it becomes a lot simpler. And...