Understanding Income Tax Account and Activity Statement Account for Creatives in Australia

Ever get those pesky emails saying there’s a message for you in MyGov?

And then ignore it?

Best not to do that… 

If you haven’t linked your MyGov account to the ATO, there’s instructions here.

Your MyG...

STP = Single Touch Payroll

STP is a function that the ATO introduced that requires employers to process their payroll (weekly, fortnightly, monthly etc.) and report to the ATO that payroll information each time. It is ‘single touch’ simply meaning it is a pretty straightforward process with just a ...

Let me entertain you! 

What is Entertainment?

According to the ATO, you can provide entertainment by way of food, drink or recreation. Any accommodation and travel connected to the provision of food, drink and recreation is also considered to be entertainment.

Generally entertainment expenses are...