R&D Registration Deadline – 30 April 2018
If your company is intending to claim the R&D Tax Incentive for the 2016-2017 income year and it ends on 30 June 2017, your R&D Tax Incentive registration application must be lodged by midnight local time on 30 April 2018.
Our latest update regarding the introduction of labour hire regulations. With the release of the regulations on Monday the 19th of April, small and family businesses have received welcome relief from situations where the draft regulations may have previously had a significant impact. Crucially, the regulations provide further clarification on what constitutes a labour hire business for the purposes of the Act, as well as providing some exemptions for “prescribed employees”.
Single Touch Payroll (STP) is the ATO’s latest initiative aimed at streamlining payroll reporting for employers and tracking payments to employees. This months newsletter article will cover the implications of STP for employers and key dates to be aware of.