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Payroll Blog

Legislative Changes that affect Payroll – 2016/17

Superannuation Guarantee will remain at 9.5% Maximum Superannuation Contributions Base for 2016/17 is $51,620 per quarter / $206,420 per year - this is indexed annually.  For any earnings above this limit, employers do not have to pay SG Contributions. Concessional...

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Increase in the Minimum Wage 2016

The Fair Work Commission has announced a 2.4% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2016. The new national minimum wage will be $672.70 per week or $17.70 per hour - this is the rate that Parental...

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Increase in the Minimum Wage 2015

Applicable from the first full pay period in July 2015, the minimum wage will increase by 2.5% to $656.90 per week, which equates to $17.29 per hour. This is the rate that Parental Leave Payments are based on. The minimum wages rates for any Modern Award will also...

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Superstream – What you need to Know

E-Payoffice is Superstream Compliant if you are having your superannuation remitted by us via our Clearing House. See extract from the ATO website as follows, further information can be found at Superstream. What is SuperStream? SuperStream is a government reform...

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Tax and Super Changes 2014/15

The Superannuation Guarantee Employer Contributions will increase from 9.25% to 9.5% from 1st July. As announced in the recent federal budget, the temporary budget repair levy will apply from 1 July 2014 and will apply for 3 financial years. The levy will be imposed...

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Increase in the Minimum Wage 2014

Applicable from the first full pay period in July 2014, the minimum wages will increase to $640.90 per week, which equates to $16.87 per hour. This is the rate that Parental Leave Payments are based on. The minimum wages rates for any Modern Award will also increase...

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Increase in the Minimum Wage 2013

The new Minimum Wage Rates are to start from the first full pay period after 1st July 2013. The new National Minimum Wage Rate is $622.20 per week or $16.37 per hour.  This applies to employees who are not covered by an award or agreement.  This is also the current...

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Dad and Partner Pay

On 1st January 2013 the Federally Funded Dad and Partner pay came into effect.  This allows for up to two weeks pay based on the National Minimum wage (currently $606.40 per week).

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