Single Touch Payroll (STP) was introduced on 1st July 2018 for all businesses with 20 or more staff (substantial employers).  The Bill to extend the Single Touch Payroll (STP) reporting requirements so they apply to all employers, regardless of the number of employees has now passed the Senate and will be Law.

This means STP is set to be rolled out in stages to smaller organisations with less than 20 employees as at 1 July 2019.

What do you need to know?

As we welcome December and the Christmas period, we say farewell to the caterpillars on the upper lips of our Mo Bros.
 
A huge shout out to our Principal Geoff and accountants Damian, Jeremy and Scott who all put the razor away in order to raise awareness for men's health. The team managed to raise a very impressive $1,625 for the Movember Foundation Australia.
 
Needless to say, the razors came out pretty quickly on the 1st December.
LBW are proud to once again be the only locally owned Geelong based firm to make an appearance in the Australian Financial Review​ Top 100 Accounting Firms.
 
We've gone back to back, being recognised again in 2018. A huge thank-you goes out to all of our team and clients for helping us with this achievement.