how to calculate superannuation image

How to calculate superannuation

Anita van Wyk Payroll

Superannuation, that pesky ‘s’ word is a much misunderstood Australian phenomenon. To know how to calculate superannuation we must first know the rate employers need to contribute. The current percentage in the 2017/18 financial year is 9.5. That rate will continue to gradually increase up to 12% by 2025. Employees seem to forget that this is very much their money. …

award changes

Changes to casual & part-time entitlements in some awards

Anita van Wyk Awards, Payroll

On 12 December 2017, the Fair Work Commission (FWC) varied certain overtime rates and minimum shift entitlements for casual and part-time employees in several awards. The decision introduces overtime rates for casual employees in many of these awards and changes how part-time hours can be worked in others. These changes apply from the first full pay period on or after …

payroll compliance image

3 Things every employer needs to know about Payroll Compliance in Australia

Anita van Wyk Payroll

Whether it’s your first employee or your fiftieth, payroll compliance matters. But navigating payroll laws and following industry best practices can be a challenge. The most important thing for employers to get their head around is, that ‘payroll’ is not just about paying your staff. In-fact under Australian law it covers hiring and firing, salary entitlements, leave entitlements and bonuses …

xmas gift tax

Tax on xmas gifts

Anita van Wyk Tax

If your work Christmas party is offsite but not a minor benefit (that is greater than $300 per person) there is a risk that there may be FBT payable on the benefit provided to employees or their associates. Where FBT is payable, the party expenses are tax deductible and GST credit is claimable. There won’t be any FBT for clients …

responsible drinking

Responsible drinking at work over the Christmas period

Anita van Wyk HR Advice, HR Manger

Just what is an acceptable amount to drink at work? With all the festivities coming up it is perhaps an ideal time to review your policies around consuming alcohol at work or a work related event. Ensure it sets out clear expectations and obligations for employees and clearly states the consequences of non-compliance. It can be challenging for employers to …

2017 xmas closure

Closing your office during the 2017/18 holiday period

Anita van Wyk HR Advice, HR Manger

While the run up to Christmas can be just as intense, Christmas Eve marks the beginning of the summer shutdown. Many offices traditionally close for the week between Christmas and New Year, with others running on just a skeleton staff for the first few weeks of January. Closing in the week between Christmas and New Year’s Day provides the perfect …

cashflow management

7 Key Numbers that drive Profit & Cashflow

Anita van Wyk CFO Services

When times get tough it’s natural for business owners to focus on cutting costs and trying as hard as you can to increase revenue, but there are many other drivers of profit and ultimately cashflow, that with a few tweaks and close monitoring, can achieve significant improvements in both profit and cashflow. Given a large number of businesses are feeling …

casual employee termination notice

Casual Employee Termination Notice

Anita van Wyk HR Advice

Generally, a Casual Employee is defined as: The employment of a casual employee may be terminated by either party without notice, unless notice is required by a registered agreement, award or employment contract. Before you give your casual employee termination notice, consider managing his/her poor performance first. Enter your email below to instantly download our FREE ebook: “Step by Step …

abandonment of employment

Abandonment Of Employment

Anita van Wyk HR Advice

Abandonment of employment occurs in cases where there is a clear act by the employee (other than a deliberate and intended resignation) that indicates the employment relationship is at an end. Failure by the employee to advise the reason for any absence more than three (3) sequential working days, without being excused or giving proper notification, will be abandonment of …

performance review tips

Performance Review Tips

Anita van Wyk HR Advice

Here are a few Do’s and Don’t performance review tips to keep in mind when conducting your next performance discussion with an employee. Performance Review Tips – The Do’s Do get to the cause of the problem Do have all discussions face to face Do keep it formal Do have examples ready. Dates, results, quotes of conversations, witness statements, your observations. …