The Minister for Small Business has announced that the ATO has taken over responsibility for the Small Business Superannuation Clearing House. The Department of Human Services was previously responsible for the free online clearing house service that helps businesses with 19 or fewer employees pay superannuation contributions for all staff in one transaction. There are now 58,000 employers … [Read more...]
‘NEW’ BOSS AT THE ATO WANTS “SERVICE IMPROVEMENTS”
April 30, 2014 By Leave a Comment
The (relatively) new Tax Commissioner, Chris Jordan (having been in the position for roughly 12 months), appeared before a Senate Estimates hearing on 26 February 2014 and said that the Australian Public Service Commission capability review set out some areas that the ATO could focus on. The capability review identified that the ATO "did not have any particularly clearly articulated longer term … [Read more...]
Practice Update 1 – Tax Returns with refunds will need bank account details
May 29, 2013 By
According to the ATO, the fastest, most secure way to receive a tax refund is to have it paid directly into a nominated Australian bank account using electronic funds transfer (EFT). From 1 July 2013, individual tax returns will generally require bank account details, including BSB and account number, to be entered, where a refund is expected. Joint accounts and trusts accounts will be … [Read more...]
Welcome to the S&K Accounting Blog
May 28, 2013 By
In our blog we offer money saving tips, taxation tips and latest updates, upcoming events, useful information and resources. We hope you enjoy the information we provide and find it interesting and useful. The S&K Accounting Team … [Read more...]
