Day: August 27, 2026

ATO HECS and payroll setup should be checked before an employee’s first pay run because incorrect study loan information can affect how much tax is withheld from their pay. Employers should make sure employee declarations and payroll settings for Study and Training Support Loans (STSL) withholding are recorded correctly before processing wages. This matters when…

ATO business services should broadly align with the information recorded in your bookkeeping software, especially where figures are used to prepare tax, payroll and Business Activity Statement (BAS) reporting. When the numbers do not match, it can make it harder to lodge accurately and understand what your business really owes. For small businesses, regular bookkeeping…