ASIC has updated its annual review fee and late payment fees. These changes have been effective since 1 July 2019. It’s worth taking a closer look at these updates, so you’re not stung with higher-than-expected fees when the time comes to pay. Let’s get started. The ASIC’s annual review To ensure your company remains registered,…

The Taxable payments annual report (TPAR) gives the ATO valuable information about payments made to contractors for providing services. The ATO uses these reports to identify and follow-up with contractors that haven’t met their tax obligations. Do I need to lodge a TPAR? A whole variety of businesses and entities are required to lodge a…

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