ATO Assistant Commissioner Jason Lucchese talks about Phase 2 of Single Touch Payroll (STP) and the benefits for employers and employees, the changes, key dates, what employers can do to prepare and the support we have available.Other topics include the temporary 80 cent per hour shortcut method for calculating working from home expenses – which has been extended until 30 June 2022, the new Director Identification Number or Director ID, and Your Future, Your Super reform package, specifically, the stapled super fund rules, which commenced 1 November 2021. We also clarify the difference between myGov and myGovID.
For more information refer to our show notes.