Legislation

Moving to e-signatures for company formalities

The Government has suggested that around one million businesses will save about $450 million in red tape each year, due to reforms seeking to make these temporary COVID-19 concessions – permanent. The amendments allow companies and entities, to use technology to meet regulatory requirements to hold meeting; distribute meeting-related materials and validly execute documents. These …

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Small Employers, it’s time to get serious about Single Touch Payroll

The ATO has recently advised that it will begin a ‘failure to lodge penalty’ process for small business employers (i.e., those with 19 or fewer employers) who have yet to commence STP reporting. STP reporting has been mandatory for most small employers from the 2020 income year, with a final ‘nudge letter’ being issued to …

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