eInvoicing

eInvoicing

Electronic Invoicing (eInvoicing) Electronic invoicing (eInvoicing) is an Australian government initiative designed to make exchanging invoices and doing business more efficient.  It is an important step in the digitisation of businesses across the nation, making the...
Director Identification Numbers

Director Identification Numbers

Director Identification Number (Director ID) A director identification number (Director ID) is a mandatory requirement for all company directors.  From 5 April 2022, a first-time director will need to apply for a Director ID before their official appointment (that is,...
Single Touch Payroll (STP)

Single Touch Payroll (STP)

Single Touch Payroll (“STP”) Single Touch Payroll (“STP”) is a reporting framework that streamlines employers’ reporting obligations to the Australian Taxation Office (“ATO”) and other government agencies.  In this blog, we take a closer look at this mandatory...
2021 Victorian COVID Support

2021 Victorian COVID Support

The Victorian Government has announced a $400 million package, jointly funded by the Commonwealth Government, that will provide automatic payments to almost 100,000 eligible businesses in Victoria, including sole traders.  Further hardship funds will be made available...