What doctors should know about looming tax and super changes
If your practice employs 20 or more people, then you need to get ready for changes to the way you report tax and super from 1 July this year. John Shepherd, Assistant Commissioner at the Australian Tax Office, offers some tips on how to go about it.
The ATO has been progressively offering more options for taxpayers to interact with us, including through online and digital technologies. This includes streamlining payroll reporting for employers through an initiative known as Single Touch Payroll (STP). STP became law