Tax inVoice - Episode 37: Phase 2 of Single Touch Payroll and more

In the latest episode of Tax inVoice, Assistant Commissioner Jason Lucchese joins us to chat about the changes coming with Phase 2 of Single Touch Payroll (STP), the benefits for employers and employees and the support we have available.

We also cover the 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 visit ato.gov.au/stp2, ato.gov.au/stpresources, ato.gov.au/home, ato.gov.au/stapledsuperfund, abrs.gov.au, www.mygovid.gov.au/setup.