From 1 July 2019, Single Touch Payroll (STP) will apply to all businesses in Australia. STP uses your payroll or accounting software to send your employees’ tax and superannuation information straight to the Australian Tax Office (ATO) after each pay run is processed.
Employers with 20 or more employees should now be operating within the STP requirements, unless they have a specific approval to commence STP at a later date. … keep reading
Employment rules and regulations in Australia are numerous! Over time, we’ve heard business owners repeat myths and misunderstandings regarding their employer obligations, particularly regarding payments so today, we thought we’d cover some of the issues we’ve heard. Let’s hope they clear up any misconceptions for you, too!
It feels like we’re regularly seeing media releases of companies mistakenly underpaying staff lately. It’s a reflection of the not-so-simple, Modern Award system, that many businesses employ their staff under. Interpreting the terms of the Modern Awards can be challenging, especially for those not well-versed in the language used, or without proper attention to detail. However, there are steps you can take to reduce the likelihood of also inadvertently underpaying your employees.
With only a little over a month until the end of the financial year, we’ve put together a checklist of important tasks to make your year-end transition a smooth one. Even if your business slows with winter on its way, this is often one of the busiest times of year for paperwork! … keep reading
If you have 417 (Working Holiday) or 462 (Work and Holiday) workers it is important for you to note some changes to tax arrangements for these employees.
