26
INDUSTRY NEWS
NATIONAL
A message from the ATO: JobMaker Hiring Credit The ATO is reminding businesses that have employed new young people to check if they are eligible to claim the JobMaker Hiring Credit. Employers can receive up to $10,400 over year for each new job they fill between 7 October 2020 and 6 October 2021 with an eligible employee aged 16 to 29 years, and $5,200 over a year for each eligible employee aged 30 to 35 years. To receive JobMaker Hiring Credit payments, employers must complete three steps: » register for the scheme » nominate their additional
about your payment obligations to your workers and your reporting obligations to the ATO. This session does not cover your payment obligations when hiring workers.
2021 to avoid penalties. Find out more information at ato.gov.au/sgc
For more information see https:// www.ato.gov.au/General/JobMakerHiring-Credit/
The webinars will be delivered via Webex and you’ll receive a link to the session after you register.
Small Business support webinars
Don’t miss out; book now! Register for Key webinar topics for small business.
Did you know that if your employees use a business car for private use, you may be providing a car fringe benefit? The ATO has released virtual introductory sessions to help you work out whether you are providing a car fringe benefit.
employees through STP
» claim
As the world economy recovers from the impact of COVID-19, business owners’ attention is turning to working out an action plan for their business. It’s important not only to get the basics right but also to spend your time wisely and concentrate on areas that will help your business succeed. In June, we are offering two webinars to help you improve your knowledge and be successful in your small business venture:
» Goods and services tax (GST) Introduction
This 60-minute introductory session covers who needs to register for the goods and services tax (GST), when to register and how to register. It also lists your ongoing obligations once you are in the GST system.
» Employer: Paying workers Come along to this 60-minute session to learn about how to set up systems and pay your workers. You’ll learn
mga.asn.au | July - August 2021 | Edition 4
Employers Single Touch Payroll—closely held payees webinar From 1 July 2021, employers must report any closely held payees through Single Touch Payroll (STP). We’re offering a free webinar on Wednesday 2 June, to help you understand how this change affects you and what your reporting options for your closely held payees will be. Registrations for the webinar are now open. It will be delivered online via Webex and you’ll receive a link to the session once you register.
Missed, underpaid or paid super late? If you missed the 28 April 2021 super guarantee due date or underpaid, you need to lodge a Superannuation guarantee charge statement by 28 May
Fuel your knowledge on car fringe benefits
Register for an Employer: Introduction to car fringe benefits session.
Scams The ATO is receiving reports of a new email scam that asks people to update their myGov or myGovID details. Scammers are pretending to be from the ‘myGov customer care team’ and asking recipients to update their details by clicking a link. You can share our social posts on Facebook, LinkedIn, Twitter, also see our latest alerts and more information at www.ato.gov.au/ scamalerts
Electronic sales suppression tools (ESSTs) While most people do the right thing, some business operators have used an ESST to under-report their income and gain an unfair competitive advantage. Find out how the ATO is tackling this problem and how you can help.
