Meeting your obligations as an employer can be incredibly daunting especially with the introduction of Single Touch Payroll (STP). STP means employers will now share information with ATO on-or-before payments are made to employees, but your local TaxAssist Accountant is fully aware of the changes and uses ATO-approved, STP-compliant payroll software.
If you employ someone and pay them you will need to register as an employer, and then do the following:
- Provide the employee with a Tax file number declaration (NAT 3092)
- Complete Section B of your employee's Tax file number declaration
- Register for PAYG witholding
- Forward the completed original of the Tax file number declaration to the ATO within 14 days of the employees' start date
- Keep the necessary PAYG witholding records
We can advise you regarding all aspects of payroll preparation and compliance, making sure your calculations are correct and that you meet your deadlines and requirements. We can also offer advice on recruitment and staff retention, and provide human resource consultancy services through one of our approved suppliers.
We can file your in-year and year-end returns for you with ATO and provide you with PAYG withholding tax declarations to distribute to your employees at the year-end.
The responsibilities faced by employers can be intimidating, but we can guide you through the processes, costs, calculations and deadlines and take care of everything for you.
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Get in touch
Arrange a free consultation in person or via video with your local accountant. It’s an informal chat to get to know you and find out more about the help you are looking for.
Chat to an expert
We clearly explain the support available to you and are happy to act as business advisors in order to help you grow your business.
Get a fixed quote
Our fees are fixed and tailored specifically to each individual's needs, so that you only pay for the level of support and services that you require.
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our multiple locations, meet with us online through video call software, or talk to us by telephone.
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.