February 2022: Single Touch Payroll 2 : what you need to know, Consolidating your Super and Temporary Full Expensing (TFE) of assets and more…..

The STP regime is a government initiative that is designed to reduce an employer’s burden when reporting to Government agencies such as the ATO. STP phase 2 is now here, and employers must start reporting by 1 March 2022.

By consolidating your superannuation, you can potentially save tens of thousands of dollars in fees and charges, thereby boosting your retirement savings. Read about how to do so, and the other benefits of consolidation. 

Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter. 

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