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Posted on: July 1st, 2020 by admin No Comments

Let MTB get your business STP ready!!

Posted on: June 7th, 2019 by admin No Comments

Are you struggling on the day to day, why not focus on growing the business rather than being caught up in the business!!

Posted on: June 4th, 2019 by admin No Comments

Xero launches basic payroll to meet STP 1st July deadline

Posted on: April 10th, 2019 by admin No Comments

STP announcement:

Today we launch our new Payroll Only plan to help Australia’s smallest employers comply with Single Touch Payroll.

We’ve outlined all you need to know 👇

About this website

XERO.COM
Xero’s new Payroll Only plan helps Australia’s smallest employers embrace online payroll and STP | Xero Blog
Payroll Only is for small businesses that employ one to four people, and their advisors. Embrace online payroll and comply with STP.

STP Ready???

Posted on: April 3rd, 2019 by admin No Comments

Single Touch Payroll will change the way you report your tax and super
Single Touch Payroll (STP) is a new way for employers to report tax and super information to the ATO. It starts from 1 July 2019 for employers with 19 or less employees.
You’ll report the following information through an STP ready solution – such as payroll software:
  • payments to employees such as salaries and wages
  • pay as you go (PAYG) withholding
  • super information.

 
The way you pay your employees won’t change, however you will be sending us this information each time you pay them.
Start reporting any time from 1 July to 30 September 2019. If you can’t start reporting by this time, you’ll need to apply for a later start date. An online tool to help you do this will be available on our website in April.

How to get started
  • If you already use payroll software – check to see if it offers STP reporting by talking to your software provider or viewing their website.
  • If you don’t use payroll software – you can choose an STP ready solution or talk to your tax professional for advice on the best solution for your business.
  • If you use a registered tax or BAS agent – you can ask them to report through an STP ready payroll solution on your behalf.
  • If you have 1-4 employees – you can choose a low-cost STP solution. Find out more at ato.gov.au/STPsolutions