Author Archives: Nick Kohler
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July 2022
Newsletter; STP finalisation due July 14 (no more payment summaries) & Superannuation guarantee rate increase from 10% to 10.5% STP finalisation due July 14 (no more payment summaries) When you report and lodge a finalisation declaration under STP, you are … Continue reading
May 2022
Newsletter; Register new (and some existing) staff for training by June 30 and get back 50% of their wage costs?! Boosting Apprenticeship Commencements (BAC) and Completing Apprenticeship Commencements (CAC) Until 30 June 2022, an employer of any employee engaged between … Continue reading
March 2022 – Budget Update
Newsletter; 2022/2023 Budget Update (your five minute guide) Please find below a summary of the some of the more relevant budget announcements that affect taxation. 2022/2023 individual tax rates Taxable income range Marginal tax rate $ 0 – $18,200 … Continue reading
January 2022
Newsletter; SA Business Hardship Grant & Single Touch Payroll (STP) Phase 2 SA Business Hardship Grant A business with a 50% decline in turnover from: 27/12/2021 to 9/1/2022; compared to 27/12/2019 to 9/1/2020. May be eligible for the following grant: … Continue reading
December 2021
Newsletter; Director ID’s From 1 November 2021, an individual who is appointed as a company director for the first time will need to apply for a Director ID within 28 days of appointment. From 5 April 2022, applications need to … Continue reading
July 2021
Newsletter; Superannuation guarantee rate increase from 9.5% to 10% & Superannuation concessional contribution limit increase to $27,500 Superannuation guarantee rate increase from 9.5% to 10% From 1 July 2021, the super guarantee rate increased 10%.The rate will now increase 0.5% … Continue reading
