Monthly Archives: April 2018

Single Touch Payroll – How will that affect my Business?

Starting from the 1st of July 2018 employers with 20 or more employees will have new reporting obligations regarding payroll processes through Single Touch Payroll (STP). Employers will have to report to the ATO each time they pay their employees, without the need to change pay cycles. The information required will include employees’ wages and salaries, […]

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Cryptocurrency – Now Under the AUSTRAC Scanner

As of the 3rd of April 2018, AUSTRAC (the government body in Australia which keeps a tab on money laundering and terror related activities) has placed new rules governing cryptocurrency transactions to provide greater transparency for regulators. Now transactions involving cryptocurrency will need to be signed up and logged onto a new Digital Currency Exchange Register. […]

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