We are delighted to announce that Nathan Robinson has joined Ian Hallett, Felicity Magnussen and Rob Gordon and Jeremy Reardon as a Partner at Halletts.

Nathan runs our Young NSW office and has been with us since 2018. He has a wealth of experience, as many of our fantastic clients already know.

Congratulations Nathan.


Just a reminder to all employers that the second phase of STP reporting (Single Touch Payroll) commenced on 1 January 2022, BUT the ATO kindly made provision for software providers (that needed more time) to become compliant by 31 December 2022 (PHEW) – and that date is approaching FAST (ARGH)!

The two big players (XERO & MYOB) have been using this ATO deferral to work on behind-the-scenes updates to their software (along with a number of the other service providers) and since earlier this year they have been rolling out numerous updates, tweaks and changes progressively that will see them fully STP2 compliant by 31 December 2022 .

If you haven’t had any communication from your provider on STP2 or unsure where your provider is up to with meeting the STP2 deferral due date expiry, start investigating it now so that you’re not spending New Year’s eve trying to get it finalised!

MYOB have an official pause on the current capability of their STP2 transition process and Xero have been providing teasers of what’s going to require change – so if you use either of these just sit tight until further notice.

Via webinars, training and ongoing communication from the big players, we are continuing to receive updates on the rollout, and we will be sure to communicate this as necessary to our clients. If, however you are unsure of what STP2 means for you or your software we’d love to hear from you – together we can sort it out!

Just a reminder to all businesses that the instant asset write-off deduction you have been enjoying since October 2020 is proposed to come to an end on 30 JUNE 2023. Although this is still some time away, given how fast the year disappears and with the ongoing delays in asset supplies and deliveries across the world, if you want to enjoy the benefit of this immediate deduction, start planning NOW.  Remember, the criteria for the asset to be deductible is that it MUST be installed ready for use (or in use) on or before 30 June 2023. Putting an order in is not sufficient.  Beyond this date (subject of course to any further extensions and none are currently planned) there will be a return to the ‘olden’ days where assets exceeding $1,000 have to be depreciated over a number of years.