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What is Single Touch Payroll?

What is Single Touch Payroll?

As of 1st July 2018, Single Touch Payroll was introduced to businesses of 20+ staff. This year from 1st July 2019, businesses with fewer than 20 employees and businesses that had extensions granted will also have to start reporting using Single Touch Payroll. Are you ready for the switch?

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What is Single Touch Payroll? | Aspect Accountants and Advisors

Meet The Aspect Accountants and Advisors Team

Meet The Aspect Accountants and Advisors Team

Here at Aspect Accountants and Advisors, it is of utmost importance we understand each and every one of our clients. With this in mind, and to ensure each client feels their most comfortable, we invite you to get to know each of the Aspect Accountants and Advisors team.

So, without further ado, please give a warm welcome to Aspect Accountants and Advisors Senior Accountant; Janette Gray!

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Meet the Aspect Accountants and Advisors Team Member Janette

FBT issues on the ATO radar

The ATO has updated its list of ‘What attracts our attention’, with six items that specifically relate to fringe benefits tax (‘FBT’), as follows:

Failing to report car fringe benefits, incorrectly applying exemptions for vehicles or incorrectly claiming reductions for these benefits.

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