It is a legal requirement for Self-Managed Superannuation Fund (SMSF) Trustees to ensure SMSF Financial Statements are Audited and Tax Returns lodged with the Australian Taxation Office by the respective due date every year. To encourage on-time lodgement and ultimately to protect retirement savings ATO has recently announced a [...]
ATO’s Single Touch Payroll (STP) system of reporting tax and superannuation information at each payroll event is in place for employers with 20 plus staff – now it’s time for the smaller employers. Small employers with 19 or less employees – must report each payroll event through STP [...]
In this issue of Corporate Advisor, we explain 11 financial-reporting, regulatory, and corporate-governance topics of crucial importance to CFOs and directors. We’re focusing mainly on regulatory issues that affect the preparation of 30 June reports – ASIC targets and lessons from reviews. The end of June marked for [...]
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