ATO

In response to community feedback, the Australian Taxation Office is reducing the amount of GST information required for the business activity statement (BAS). This will simplify GST record keeping and reporting requirements. Changes from 1 July 2017 Small businesses will only need to report the following GST...

With the 30 June 2016 deadline rapidly approaching, the ATO is encouraging small businesses to be Super Stream ready, but what does this actually mean? To put it simply, employers will be required to send all Superannuation payments and employee information electronically in a standard format....