Category: Payroll News

The Evolution of Payroll Software

The Evolution of Payroll Software

The Old Days Remember those days when you sat behind a desk with an electronic calculator; adding up Bundy cards, breaking hours down into different pay elements, keying them into payroll and finally getting a result hours later? You were still not done after this....
New Tax File Number Declaration Form

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...
What is Single Touch Payroll (STP)?

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...

Backpacker Tax

From 1 January 2017 new tax rules apply for working holiday makers on visa subclass 417 (Working Holiday) or 462 (Work and Holiday). You can check if your employees visa subclass is 417 or 462 using the Visa Entitlement Verification Online service (VEVO). The Change...
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