Using Mytax To Lodge Tax Returns

The ATO has reminded taxpayers who have missed the lodgment deadline that it is not too late to take advantage of the myTax service. It said more than one million people have used myTax to lodge their tax returns and that it has received positive feedback from users.ATO Website Changes: Users May Need To Update BookmarksThe ATO is progressively reviewing all informationon its website to make information easier to find and understand, with improved menus and examples where required.The ATO advises that as changes are made, users may need to replace...

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Payroll Tax Concession Announced For South Australian Small Business

Small business payroll tax concession can breathe in some fresh air to the exhausted businesses in South Australia. Treasurer and Premier Jay Weatherill told media ”it would significantly halve the payroll taxes on small businesses”. If you are running a small business in South Australia, we have summarised the key points of this payroll tax concession plan for you. Please read below for more insights.1) Initially a tax grant of upto $9800 or less would be provided to every eligible SME.2) Businesses with yearly turnaround of $1.2 million...

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