Streamline Management News

* This is generic info to give you a few pointers and should never be relied on as specific accounting advice.

Contact your expert (not your mates at a BBQ or the guy trying to sell you something) to discuss your situation. 

EOFY payroll – STP finalisation

Annual ‘STP Finalisation’ to the ATO by 14th July.
(This replaces providing Payment Summaries/Group Certificates to your staff
and submitting the Payment Summary Annual Report (PSAR) to the ATO.)
Staff will not be receiving any documentation, they will be able to access details in their MyGov account.

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Increases to minimum wages

Some awards will get a minimum wage increase from the first full pay period on or after 1 July 2022, while others will get one from the first full pay period on or after 1 October 2022.

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2022 End of quarter and financial year

Here we are approaching the end of another quarter and year!
Payments made to suppliers up today result in GST credits on June BAS for cash reporters.
For accrual reporters, payments result in happy suppliers

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2022 EOFY payroll

We will need to file an annual ‘STP Finalisation’ to the ATO by 14th July.

(This replaces providing Payment Summaries/Group Certificates to your staff and submitting the Payment Summary Annual Report (PSAR) to the ATO.)

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Rollercoaster Week

It feels a lot longer than a week!

The current ride has been going for a while now, but for small business owners – its probably since the beginning.

Make sure you strap in before you take off on the small business ride!

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