Tag Employer contributions
Single Touch Payroll – Could it be the biggest adjustment to Australian Businesses since Good & Services Tax (GST)? The Australian Taxation Office recently introduced Single Touch Payroll (STP), this is a new legal requirement to report salaries and wages, PAYG withholding and superannuation via STP-enabled software to the ATO each time you are paid
Have you been doing the numbers and panicking a little recently? If your super fund is a little ‘light’ as you start to think ahead to your golden years, you’re not alone.