From the 1st of July 2019, employers with less than 20 employees are now required to comply with STP. This extends the requirement of employers with 20 or more employees being required to report from the 1st of July 2018. 

So what is STP ?

STP works by sending tax a...

Individuals

Personal tax bracket changes - The top threshold of the 32.5% personal income tax bracket will increase from $87,000 to $90,000*.

Introduction of the Low and Middle Income Tax Offset* providing a tax offset for those with taxable income of up to $125,333.

GST...