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Home » Updated Single Touch Payroll (STP) Phase 2 now in all Payroll Learning Materials Applied Education courses now include the latest on STP Phase 2. Read about it below Single Touch Payroll (STP) is a government initiative that requires businesses to digitally report employee payroll information to the ATO each time they run a […]
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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? Salary sacrifice benefits, also referred to as salary packaging is an arrangement between an employer and an employee. What is Salary Sacrifice Packaging and Salary Packaging? “Salary packaging” is the term used to refer to the process of structuring an employee’s total remuneration in such a […]
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