by Mike Sweeney
Single Touch Payroll (STP) requires employers to send the ATO payroll information with each pay-run rather than in a summary at year end. For employers with 20 or more employees it has been in place since 1 July 2018. With legislation before parliament, which is expected to be passed shortly, this will extend to all employers from 1 July 2019.
by David Charlesworth
A Reconciliation Action Plan (RAP) provides a framework for organisations to support the national reconciliation movement. It includes practical actions that will drive an organisation’s contribution to reconciliation both internally and in the communities in which it operates.
There are four RAP types Reflect, Innovate, Stretch and Elevate.
The Russell Bedford 35th Annual Global Conference was held in New York City from 17th to 21st October. As one of the 300 offices in 100 countries that make up the network, Lee Green sent Michael Sweeney to represent the firm at the event. Although we’ve been with the network for almost two years this was the first global conference we attended, and a highpoint was the chance to introduce Lee Green to the 200 delegates from around the world.
To celebrate the start of Keep Australia Beautiful (KAB) week, Lee Green Consultant Tim Major has shared with us five handy tips for recycling at home.
Here at Lee Green, we are proud to be part of something bigger to bring you the best of the global accounting network. Lee Green & Co were the first South Australian member firm to join the Russell Bedford International team and on 14-15 June, Directors Mike Sweeney and Tom Green attended the Russell Bedford 2018 Asia-Pacific Meeting in Ho Chi Minh City, Vietnam.
GroPep Bioreagents have been a highly valued client of Lee Green & Co for almost eight years. GroPep sells growth factors and associated reagents to university, institutional and industrial researchers.
With over 100 products in their product range and a worldwide network of specialised distributors, GroPep were recommended to Lee Green to look after the innovative biotechnology company’s general accounting and taxation services.
The end of the 2017/2018 Financial Year is here and we once again look forward to providing our services.
What you need to do….
- Review the Tax Return Checklist;
- Compile the information required before coming to see us; and
- When you are ready, please phone our reception on 8333 3666 to make an appointment.
Here at Lee Green & Co we are proud to be registered with the great Brand South Australia Initiative, I Choose SA. Lee Green has been an SA owned and operated business for almost 30 years but our commitment to our local community extends well beyond that. Our directors and staff are active in the SA community in many different ways and we are committed to SA people and jobs through a promise to not outsource our services offshore.
https://www.brandsouthaustralia.com.au/business-directory/lee-green-co-pty-ltd/
by Luke Ensabella
Single Touch Payroll (STP) starts from 1 July 2018 for employers with 20 or more employees and will be expanded to include employers with 19 or less employees from 1 July 2019. STP will require employers to report salary and wages, allowances, deductions, tax and superannuation to the ATO each time you pay employees in line with your current pay cycle.
Employers will require STP ready software and those with STP compliant software can choose to report before 1 July 2019. Most employers will find that commonly available commercial software solutions will be compliant however we recommend that you check with your provider to ensure your software is ready by the relevant start date.
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