1st Quarter 2024

14 JULY 2023

• Payers must issue 2022-2023 PAYG Withholding payment summaries to payees (that is, employees and other workers).

You may be exempt from giving payment summaries and a payment summary annual report for the amounts you reported through Single Touch Payroll (STP).

The Australian Taxation Office (ATO) has published some key points to consider for 2023 income tax return preparation for individuals.

The Australian Taxation Office (ATO) has published some key points to consider for 2023 income tax return preparation for business entities (companies, trusts and partnerships). 

The Australian Taxation Office (ATO) is encouraging small businesses that have overdue income tax returns, fringe benefits tax returns or business activity statements to take advantage of a new amnesty to get their lodgements back on track.