Pacific Accounting’s October newsletter highlights several important updates for World Mental Health Day, Professional Employees Award and Fair Word Ombudsman. October 2023 marks the 9th year of celebrating Indigenous Business Month (IBM). Initiated by the alumni of Melbourne Business School, IBM is a way of providing positive role models for Indigenous Australians and improving quality of life in Indigenous communities. For more information on their events for 2023
Taxable Payments Annual Reporting (TPAR) is due to be lodged with the ATO by 28 August 2023, and businesses may be required to report payments to contractors or subcontractors during the financial year for services such as building and construction, cleaning, road freight and courier, information technology, and security, investigation, or surveillance. If Pacific Accounting manages your Xero subscription, you don’t need to do anything, and the increase will be passed on to you in your billing from September onwards.
Key dates for October 2023 include 2 October – Public Holiday (ACT, NSW, SA & QLD), September monthly Activity Statement lodgement & payment due, Lodge and pay 1Qrt Activity Statement and Super Guarantee Contributions for 1Qrt.