Category Archives: Payroll & Superannuation

Home / Archive by category "Payroll & Superannuation"

Long Service Leave changes for Victoria November 2018

The new Long Service Leave Act 2018 for Victoria was activated on 1st November 2018. Employees in Victoria who were previously covered by the Long Service Leave Act 1992, can now enjoy several improvements regarding this leave entitlement. These improvements are discussed in this blog.

Continue Reading...

One 12 month STP authority to replace a per pay event authority

Accountants Daily have reported this week that the ATO have done a back-flip on the requirement for agents to get written authority from their employer clients to send pay event data to the ATO, each and every pay event. The ATO will now accept one lodgement authority for STP per client, to be renewed annually. […]

Continue Reading...

12 Month Super Amnesty

Recently, something really good has happened… or may happen! The Minister for Revenue and Financial Services, Kelly O’Dwyer, has announced that there will be a 12 month amnesty for any naughty employer who has historical employee super debt, to pay that debt without also having to pay the usual penalties and charges. What’s more, those payments will […]

Continue Reading...

Single Touch Payroll – is your accounting/payroll software ready?

Single Touch Payroll (STP) is formerly starting on 1 July 2018 for employers of 20 or more staff. So if you fall into this category, do you know if your accounting software is going to be ready by start date? In today’s blog we outline who will be ready and who is lagging behind! We […]

Continue Reading...

The SBSCH is moving! Time to pack your bags!

Those of you who use the Small Business Super Clearing House (SBSCH) to report and pay super for employees are about to enter a whole new world! The ATO are moving the platform to the online portals (Business, BAS and Tax Agent Portals). The platform will operate in the same way as you are used […]

Continue Reading...

Quick-start guide for new employers

So you’re going to start employing staff. That’s great, this usually means your small business is booming, so well done to you! Before you don your employer’s hat however, you need to make sure that you have all of your ducks in a row. There are quite a few things you need to do so […]

Continue Reading...

What you need to know about Single Touch Payroll

The Government are starting to push through some rather drastic measures in regards to how small business reports to the Australian Tax Office (ATO). In my last blog, I wrote about one of those new measures, Simpler BAS – a new way to report GST for SME’s. In today’s blog, I will introduce another new […]

Continue Reading...

You must use the new tax tables from Oct 1 2016

This is an important alert for all of you managing payroll, either for your own business or for your clients. The ATO have just announced that from 1st October 2016, some tax tables will change. You must ensure that you use the correct tables for the first payrun after September 30th 2016.

Continue Reading...

Can you cash out your annual leave? Yes you can!

A recent reform via the Fair Work Commission has seen a major change to the way cashing out of annual leave is treated. For those who don’t know, “cashing-out” means an employee can receive their annual leave as a lump sum payment whilst still working i.e. instead of taking time off work. So how does […]

Continue Reading...

Minimum Wage Increase & SuperStream Reminder

This week, we’d like to remind you of a couple of important news items for those of you dealing with payroll. Two important changes are occurring from 1st July 2016. Firstly, the minimum wage rate will increase and also, all businesses employing staff must be SuperStream-ready. Read more below about both of these payroll items.

Continue Reading...