What Is Single Touch Payroll (STP)
Single Touch Payroll (STP) is the ATO’s digital reporting system that requires employers to report wages, PAYG withholding and superannuation every time they pay their staff. Since the introduction of STP Phase 2, employers must now report more detailed payroll information to ensure government agencies receive accurate, real-time data. At Indigo Bookkeeping, we help businesses […]
Digital Signatures and Electronic Business Records: What Every Business Needs to Know
Did you know you can legally store all your business records electronically in Australia? Under the Electronic Transactions Act 1999, businesses are permitted to keep records in digital form. While some documents may still be kept in hard copy, most business records can—and should—be stored digitally to streamline operations and improve efficiency. What Counts as […]
BAS Basics: A Guide for Australian Business Owners
If your business is registered for GST in Australia, lodging a Business Activity Statement (BAS) is a regular and essential part of staying compliant with the ATO. Whether you’re new to business or need a refresher, here’s everything you need to know—written in plain English. What Is GST? Goods and Services Tax (GST) is a […]