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Single Touch Payroll

By BS Team in Company, Social, Taxation
Single Touch Payroll (STP), is an Australian Government initiative to reduce employers' reporting burdens to government agencies. With STP, you report employees' payroll information to us each time you pay them through STP-enabled software. Payroll information includes: salaries and wages...

Avoid paying the Medicare Levy Surcharge!

By NQ Team in Individual, Taxation
Understand the basic Medicare Levy System in Australia When you are entitled to get benefits from the Australian health care system, there is two different additional taxes paid on top of your personal income tax: -The compulsory contribution paid by...
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