How 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 through to Coles, Grill’d, celebrity MasterChef judge George Calombaris, and Qantas, to name a few. Each […]
Here’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 who pay an annual salary to employees covered by certain modern awards must comply with new […]
How Outdated Payroll Software Can Hurt Your Business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 payroll software, three-quarters of those employers admitted to using products suited for small businesses – […]
Legislative 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 regardless of size now need to report each payroll event […]
How to Find the Right Payroll Outsourcing Company for You
Finding an efficient and effective payroll service is integral to every modern business. Whether you want to streamline operations or meet your compliance obligations, using a trusted Australian-based payroll service is the best way to ensure quality outcomes. While lots of people offer payroll services, only the very best provide the personal support and custom […]
Single Touch Payroll is Coming for Small Business
Business owners have an ongoing responsibility to stay on top of all law changes that may affect their operation. The arrival of Single Touch Payroll (STP) is one such change, and this new development is the biggest initiative introduced by the Australian Taxation Office (ATO) to the payroll and superannuation framework since GST back in 2000. Originally developed for […]
Multi Factor Authentication for Cloud-based Payroll Systems
How does ATO’s new digital security standards impact your cloud-based payroll system As the Australian digital economy continues to grow and diversify, new safety requirements are being adopted in an effort to protect users. The Australian Taxation Office (ATO) recently implemented new security standards that will have important implications for business owners and anyone who […]
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 applies to workers aged between 18 and […]
Can you be held responsible for your franchisees’ non-compliance with workplace laws?
On 15 September 2017, the Fair Work Amendment (Protecting Vulnerable Workers) Act 2017 took effect. Along with the Amendment came new provisions making franchisors responsible in some circumstances for their franchisees or subsidiaries not following workplace laws. Could you be facing potential penalties under the Act as a result? Background Workplace relations compliance needs to […]
Unpaid Leave for Domestic Violence & Family Violence
NEW: Unpaid Leave to Deal with Family and Domestic Violence. The Fair Work Commission will soon be updating all industry and occupation awards to include a new clause that allows employees to take unpaid leave to deal with the impact of family and domestic violence. This new clause will apply from the first full pay period […]