Casual Employees Included in ASIC Reporting
ASIC Calls for Employers to Include Casual Employee Entitlements in Reporting ASIC (Australian Securities & Investments Commission) has recently released an updated FAQ in regards to the impact of COVID-19 on financial reporting and audit matters. While there are...
read moreWhat You Need to Know About JobKeeper Extension
JobKeeper Extension (JobKeeper 2.0) On 21 July 2020, the Australian Government announced plans to extend the JobKeeper Payment. Originally legislated to end on 27 September 2020, the payment has been extended to 28 March 2021. Employee Eligibility From 3rd August the...
read moreWhat the Outcome of the Mondelez Case Means For Your Business
On Thursday, 13 August 2020, the High Court made a landmark decision regarding the case between Mondelez Australia Pty Ltd and the Australian Manufacturing Workers Union (AMWU). The dispute involved two employees at Mondelez’ Cadbury food manufacturing plant in...
read moreLegislative Changes that effect Payroll 2020/21
The new financial year is quickly approaching and for many businesses that will mean changes will have to be made to their payroll to remain compliant with legislation. Following is a summary of key information any payroll professional requires to ensure compliance in...
read moreWhat You Need to Know About the 2020 Minimum Wage Increase
Everything You Need to Know About the 2020-21 Minimum Wage Increase On 1 July 2020 the Australian minimum wage for 2020 to 2021 increased by 1.75% per cent to $19.84 per hour. This means a full-time employee will earn a minimum of $753.80 per week, an increase of $13...
read moreHow to Navigate Your Payroll During COVID-19
To support businesses and individuals impacted by COVID-19, a range of new measures have been introduced by the Australian Government, Fair Work Commission (FWC), and Australian Tax Office (ATO). These range from legislation changes and economic relief packages...
read moreHow to Get the Most Out of the Superannuation Guarantee Amnesty
How to Get the Most Out the Superannuation Guarantee Amnesty (SGA) On 6 March 2020 the government introduced a Superannuation Guarantee Amnesty (SGA). The purpose of this amnesty is to give employers a chance to disclose and pay previously unpaid Super Guarantee...
read moreHow to Interpret Australia’s Complex Award System
How to Overcome the Difficulty of Interpreting Australia’s Modern Awards In recent years, many high profile cases involving the widespread underpayment of employee wages has soured the reputation of some of Australia’s most beloved brands. From 7-Eleven and Woolworths...
read moreHere’s What Employers Need to Know About the New Annualised Salary Requirements
In 2019, as part of their four-yearly review of modern awards, the Fair Work Commission (FWC) made the decision to change the annualised salary provisions for 23 awards starting from 1st March onwards (except for model clause 4). Under the new legislation, employers...
read moreHow Outdated Payroll Software Can Hurt Your Business
Did you know? According to the 2019 Payroll Benchmark Report, a staggering 83 percent of 1,831 employers confessed to not having updated their payroll software since 2000.[1] That’s not all. Of the remaining 17 percent of employers who had recently updated their...
read moreLegislative Changes that effect Payroll 2019/20
The new financial year is quickly approaching and for many businesses that will mean changes will have to be made to their payroll to remain compliant with legislation. The main focus for July 1st is to have STP (Single Touch Payroll) in place. All businesses...
read moreHow to Find the Right Payroll Outsourcing Company for You
Lots of people offer payroll services, only the very best provide the personal support and custom financial solutions that your business deserves. Here are some tips to finding an efficient and effective payroll service
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