Employment Taxes Update

From 1 April 2024, the Australian Taxation Office (ATO) has introduced new flexibility for employers preparing their 2025 Fringe Benefits Tax (FBT) returns. This change gives businesses a practical opportunity to simplify their record-keeping requirements, saving time and reducing paperwork.  What’s Changed? Previously, employers were required to keep specific declarations or travel diaries from employees […]

What Employers Need to Know About Superannuation Guarantee Obligations On 11 December 2024, the Australian Taxation Office (ATO) finalized its update to Taxation Ruling TR 2023/4, clarifying when an individual is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). This updated ruling, which applies both retroactively and prospectively, replaces the previous Superannuation

Updated Guidance on Payroll Tax Exemptions for GP Contractors Revenue NSW has issued updated Compliance Practice Note (CPN 036v2), clarifying payroll tax relief measures for medical centres engaging contractor general practitioners (GPs). The update aligns with the Revenue Legislation Amendment Act 2024 (NSW), which introduces key payroll tax exemptions and rebates for medical centres, effective