Payroll
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The national minimum wage increased by 3% from 1 July 2019 to $19.49 an hour which, according to the Fair Work Commission, will affect over 2 million workers. Who does it apply to? It applies to: all modern awards for employees on minimum wage; and the national minimum wage for award free employees. This […]
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Payroll has become such an important function that businesses want employees with specialised skills, knowledge and qualifications. From bookkeeping to HR and office administration, understanding the responsibilities and legal obligations in processing employee payroll is essential for any business. Step 1. Complete a payroll qualification Study the FNS50417 Diploma in Payroll […]
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With the increasing casualisation of the workforce in Australia, there is a large and accessible pool of eager workers. Many students and those re-entering the workforce are looking to fill a gap in their employment or gain valuable experience. If you want to attract strong candidates to roles in the future, gaining a good reputation […]
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Last month it was legislated that Single Touch Payroll (STP) will be extended to employers with 19 or fewer employees, starting from 1 July 2019. This means that no longer will any business be reporting their payroll activity once a year to the ATO, instead every business in Australia will need to send a report […]
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The hospitality industry has come under scrutiny recently with a number of high-end restaurant chains being investigated following claims of underpayment of staff. Investigations into a number of prestigious eateries have found the problem to be widespread, with Bistro Guillaume and Rockpool Dining Group staff among those affected. According to leaked payslips and rosters, employees […]
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Single Touch Payroll (STP) is a new way that businesses need to report payments such as wages or salaries, as well as PAYG withholding amounts and superannuation information each time payroll is processed. This information will be sent to the ATO direct from your payroll or accounting software, and has been introduced to streamline payroll […]
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