Payroll Blog

Modern Awards: The Impact on Payroll

Modern awards set out the minimum terms and conditions of employment on top of the National Employment Standards (NES). They provide entitlements such as rates of pay, hours of work, allowances, penalty rates and overtime. As such it is critical for HR and Payroll managers to be aware of any changes to modern awards that affect their employees.

Utilising outsourced payroll services or ‘cloud payroll‘ providers can reduce the risk of non-compliance for many organisations, ensuring the currency and accuracy of pay rates and other entitlements. At E-Payoffice for example, our system can automatically calculate hours and apply penalties, loadings and overtime based on the updated Award or EBA. Our dedicated payroll expert can also flag any relevant or potential issues and talk you through the impact of any changes to awards.

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Single Touch Payroll – Are You Ready?

Are you ready for Single Touch Payroll - 1 July 2018? Single Touch Payroll is the single biggest move toward payroll centralisation since PAYG was introduced in 2000 and one of the most significant changes to the way in which payroll is processed that we have seen. It...

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The Evolution of Payroll Software

Payroll software has come a long way since the days of the electronic calculator. Now with advanced functionalities, there is a perfect solution available for your business. Talk to us today to find out more or to book a free 30 minute consultation.

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New Tax File Number Declaration Form

As of 5th October 2017, there were changes to the Tax File Number (TFN) Declaration form. In the payee area (Section A) there is now a tick box for working holiday makers at Question 7. This tax rate category is known more colloquially as the ‘backpacker tax’. It...

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What is Single Touch Payroll (STP)?

What is Single Touch Payroll (STP) and how will it affect my business? According to the ATO, Single Touch Payroll is a reporting scheme that aims to introduce transparency in payroll reporting to ensure employers are meeting their obligations. This government initiative has been the single biggest move toward payroll centralisation since PAYG was introduced in 2000. It involves the streamlined reporting for salaries, wages, PAYG and superannuation as it’s processed each pay cycle.

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