ATO Small Business Superannuation Clearing House (SBSCH)
This has been an interesting exercise! I think most of you have now made new arrangements, either persevered with the new look SBSCH or moved to an alternative. If you still haven’t made the change, please let us know.
The next super payment for Jan-Mar 2018 is due to be with the superfunds by 28th April.
If you have recently moved to a clearing house in your accounting software such as MYOB or Xero, you may need to pay your super a few days earlier than usual to allow time for the payment to clear.
STP Marches on
Employers are required to do a headcount as at 1st April. This video from the ATO describes who is included. If your headcount is 20+ you will be required to start reporting under STP from 1st July 2018 unless you have a deferral. (Check with your accounting software provider.) Both MYOB Essentials AccountRight v 2018.1 and Xero will be ready to report from 1 July.
Casual Employment
Are your casual employment agreements up to date?
News from our friends at Workforce Guardian
A recent case dealt with a plant operator within the Construction Industry and, despite the employer’s arguments that the employee was a casual, it was found that the casual operator was entitled to payment for annual leave accrued but not taken during his 15 years of employment, as well as payment in lieu of notice following termination of his employment. Check out the full details here
Upcoming Lodgement Dates
Date | Lodgement | Dates to be reported | |
7 April | State payroll tax | March | |
21 April | Monthly BAS and IAS | March | |
28 April | Quarterly super guarantee | Jan-Mar | |
7 May | State Payroll Tax | April | |
26 May | Quarterly BAS (if lodged by tax or BAS Agent) | Jan-Mar | |
28 May | FBT Return |
| |