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Home » Payroll Update: Minimum wage to increase by 2.5% Following the FairWork Ombudsman’s annual wage review, there is a 2.5% increase to minimum wages this year. This increase applies to anyone earning a minimum award wage or the national minimum wage. This blog covers the three staged wage increase, how to stay on top […]
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Home » Start A Career in Payroll and Become A Payroll Administrator Start A Career in Payroll and Become A Payroll Administrator Payroll administrators work in collaboration with the HR and Finance departments within every organisation. A payroll officer’s primary role ensures the timely payment of wages, salaries, superannuation and compensation to every employee. They […]
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Home » 2020-21 Personal – ATO Payroll Process Requirement Updates for All Businesses. ATO Payroll process Updates After a shaky year due to the pandemic causing a full scale economic catastrophe globally, the Australian Government is slowly making the necessary adjustments to follow suit. These updates will reflect on processes applicable to tax cuts. Starting […]
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Home » What are the advantages and disadvantages of salary packaging? If you are wondering what are the advantages and disadvantages of salary packaging – salary packaging is a voluntary choice for employees and employers. The decision to salary package ultimately rests with each individual employee and it also also up to the employer if […]
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Home » What is Salary Sacrifice and Salary Packaging? MYOB Essentials Table of Contents How Much is MYOB Essentials? Where to Begin? End of Period Tasks Reconcile Transactions Lodge Your Activity Statement Lock Periods How to Unlock and Lock a Period in MYOB Essentials? Salary sacrifice benefits, also referred to as salary packaging is an […]
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Home » JobKeeper Update: Bookkeepers, don’t miss your monthly declarations. As part of your monthly payroll processes, don’t forget to submit the JobKeeper Declaration. Missing the Declaration could mean missing out on receiving the payments. June due date looming To claim for the JobKeeper payments for your employees, your business must make a monthly declaration […]
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