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The Australian Prudential Regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance and superannuation, and is accountable to the Australian Parliament.
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From 1 July 2021, closely held payees will need to be reported through STP. You have the option to report this information on a quarterly basis.
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The Perfect Storm Driving the Sydney Property Market
By Tal Eloss (Director 1Group property Advisory)
Historically low-interest rates, high disposable incomes, more money in the bank, surging consumer confidence and the fear of missing out.
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We have engaged a payroll tax consultant to communicate with NSW Revenue to assess their current position regarding the “Optical Super Store Case”.
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Following the release of the Average Weekly Ordinary Times Earnings figure on 25 February 2021, super caps have been lifted. This is very exciting news because this is the first uplift since the current rules were introduced on 1 July 2017.
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