Posts

Getting employees on board for the holiday rush?

Hiring additional employees to help with surging end-of-year demand?

The New employment form, accessed through ATO online services, will help reduce your administration.

It’s an easy way for your employees to provide you and us with the information the ATO needs. If your new employee has a myGov account linked to the ATO, once signed in they […]

Single Touch Payroll Phase 2

Changes to Single Touch Payroll

Employers required to report additional payroll information once your payroll software is ready

Additional information to report as part of Single Touch Payroll (STP) Phase 2 will include:

amounts paid to staff — instead of reporting a single gross amount, you’ll separately show items such as overtime, paid leave, and […]

Getting STP Phase 2 reporting right

Single Touch Payroll (STP) Phase 2 reporting started 1 January 2022

So far, more than 200,000 employers have started reporting STP Phase 2 information for over 3 million individuals.

There are some mistakes being made with the move to STP Phase 2 reporting.

We’re sharing the most common errors so employers can avoid making them:

Re-mapping […]

SG changes apply now

Super guarantee changes have been in place since July — is your payroll system up to date?

To avoid additional costs, including the superannuation guarantee charge (SGC), employers must pay the correct amount of super for all eligible employees by the quarterly due date.

Whether you’re paying super weekly, monthly or quarterly, it’s important […]

Minimum wage increase for some awards from 1 October 2022

Minimum wages in 10 awards in the aviation, tourism and hospitality sectors increase from 1 October 2022

Following the Annual Wage Review 2021-22, the Fair Work Commission (the Commission) announced:

an increase to the National Minimum Wage of $40 per week, which amounts to an increase of 5.2% an increase to award minimum wages of 4.6%, […]

Superannuation Guarantee changes

Is your system updated for the latest SG changes?

From July 2022, the $450-per-month super guarantee (SG) eligibility threshold was removed.

This means that if an employee meets the other SG eligibility requirements, you must pay them SG, regardless of how much they earn. However, employees under 18 must still work more than 30 hours in […]

Single Touch Payroll changes 2022

There have been changes to Single Touch Payroll (STP)

Employers are required to report additional payroll information now or once your payroll product is ready.

You need to start reporting additional information on or before each pay day — this is known as STP Phase 2.

STP Phase 2 started on 1 January 2022

Some […]

NSW business support after Omicron

NSW business recovery support

The State Government has announced new programs, grants and rebates to support business recovery in NSW, including:

new 2022 Small Business Support Program expanded small business fees and charges rebates extending the Commercial Landlord Hardship grant extending the NSW Performing Arts Relaunch Package The 2022 Small Business Support Program

This new […]

Stapled super fund details start November

Request stapled super fund details for employees

What you need to do from 1 November 2021

From 1 November 2021, if you have new employees start, you may have an extra step to take to comply with choice of fund rules if they don’t choose a super fund. You may now need to request their […]

Extra ‘super’ step when hiring new employees

Stapled super funds

Most new employees are eligible to choose the super fund into which employers pay their super guarantee contributions.

Currently, when a new employee doesn’t choose their own super fund, the employer must pay super contributions into their default fund.

From 1 November, if any new employees start, the employer may have an […]