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    June 17, 2021
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ATO Recent Developments Single Touch Payroll is now used by most employers and results in timely passing of information about your earnings and superannuation to the ATO. What was once termed your "Group Certificate" is now your Income Statement and is available directly from the ATO (your tax agent can access this for you) or you can print it from your MyGov account. Your employer will notify you when it is ready. Payments to subcontractors for their labour in the Construction, Cleaning, Courier, IT and Security industries are now reported to the ATO through Taxable Payments Reporting. This previously only applied to the Construction industry. Individual & Small Business Tax Returns GST, BAS and Bookkeeping Qualified, Experienced, Friendly 201 Peisley street The ATO'S Data-matching capabilities have been improved and extended in recent times, allowing them to focus on Individual claims for work-related expenses, especially in relation to working from home due to Covid restrictions, and on travel expense claims. The ATO will also focus on confirming that Covid stimulus measures have been correctly claimed, such as Super withdrawals under the Covid early release scheme and ensuring clients have not claimed both Jobkeeper and JobSeeker payments. PH: 6362 8033 avril@itporange.com.au ITP Orange offers a personalised experience by examining your tax situation, claiming all legitimate expenses and explaining the implications and outcomes of actions. AUSTRALIA ATO Recent Developments Single Touch Payroll is now used by most employers and results in timely passing of information about your earnings and superannuation to the ATO. What was once termed your "Group Certificate" is now your Income Statement and is available directly from the ATO (your tax agent can access this for you) or you can print it from your MyGov account. Your employer will notify you when it is ready. Payments to subcontractors for their labour in the Construction, Cleaning, Courier, IT and Security industries are now reported to the ATO through Taxable Payments Reporting. This previously only applied to the Construction industry. Individual & Small Business Tax Returns GST, BAS and Bookkeeping Qualified, Experienced, Friendly 201 Peisley street The ATO'S Data-matching capabilities have been improved and extended in recent times, allowing them to focus on Individual claims for work-related expenses, especially in relation to working from home due to Covid restrictions, and on travel expense claims. The ATO will also focus on confirming that Covid stimulus measures have been correctly claimed, such as Super withdrawals under the Covid early release scheme and ensuring clients have not claimed both Jobkeeper and JobSeeker payments. PH: 6362 8033 avril@itporange.com.au ITP Orange offers a personalised experience by examining your tax situation, claiming all legitimate expenses and explaining the implications and outcomes of actions. AUSTRALIA