ASIC have developed a guide to help both new and experienced small business directors understand their responsibilities.


For further details click here.

SuperStream is a mandatory change for all employers. For small businesses with 19 or fewer employees, SuperStream began on 1 July 2015.

You're invited to attend a free webinar that will guide you through the steps you need to take to get SuperStream ready.

Click here for further details.

USI stands for Unique Superannuation Identifier. 

When taking on new employees you would normally need them to fill out a Tax File Number Declaration and a Super Choice form. The Super Choice forms have been updated so please use the link provided to get the most upto date version. You will need all current staff to also update their Super Choice forms to include this new USI as well.

Please make sure when they select their own super fund that they fill in all the details including the USI not the SPIN. The SPIN is not valid for SuperStream purposes. To make sure they have provided you the correct details you can check within your payroll software (Xero has the full listing of all regulated super funds and their USI numbers). Or you can use the ATO lookup tool found here.

The USI is part of the new 'SuperStream' rollout that will be compulsory from 1 July 2016 for all small businesses. It is essential for your payroll software to include this USI so that you can process your SGC payments on time!

The ATO app puts tax and super help in your hand, making it easier for you to conduct your tax and super affairs on the go.

If you're an individual taxpayer, small business owner or self-managed super fund trustee, you can access relevant tax and super information and tools in one place.

Our app has many features, you can:

• calculate the amount of tax to withhold from salary and wage payments
  
• check an Australian business number (ABN) using ABN Lookup
• work out key dates and, depending on your device, set important reminders and alerts for tax and super obligations
• compare your performance against similar businesses in your industry and measure your business performance over time
• record and manage your car trips, work-related expenses, gifts and donations and the the cost of managing your tax affairs on the go using the myDeductions tool
• watch videos, access checklists and visit SMSF assist for other helpful information for SMSF trustees
• access a number of other useful tools and calculators.

See also myDeductions tool.

Have you got your myGov account linked to the ATO? 

Soon, if you are a sole trader or individual and have a 'paper activity statement' delivery preference then the ATO will no longer send you a paper activity statement or instalment notice.

You  will receive your activity statement or instalment notification through your myGov Inbox.

Attention
If you lodge activity statements and instalment notices electronically, there will be no change in the way you manage your affairs.

Click here for further details.

For more details click here

Click here for further details

Microsoft Edge is set as the default browser for Windows 10 OS. It is not supported by AUSkey. To run AUSkey on Windows 10 you need to use a compatible browser. Read more about AUSkey browser compatibility.

https://abr.gov.au/AUSkey/Help-and-support/Setting-up-AUSkey-troubleshooting/AUSkey-compatibility/?tpissue-29-2015