Payroll

Our Guide To Payroll Year End 2018/19

2019-10-16T16:11:43+08:00

There are a number of costly mistakes that employers often make during payroll year-end, overpaying Return to Work SA and Payroll Tax by including wage items that are exempt, overstating an employee’s earnings by not taking into account salary sacrifice arrangements, incorrect reporting of allowances and incorrect reporting of Reportable Employer Super Contributions (RESC). Therefore, it is imperative to

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Our Guide To Payroll Year End 2018/192019-10-16T16:11:43+08:00

Everything You Need To Know About Single Touch Payroll Reporting

2019-10-16T16:18:25+08:00

You may already be familiar with the term ‘Single Touch Payroll Reporting’, as the government initiative is expected to be somewhat of a game-changer in the industry. Well if you’re not across it already, the deadline for compliance is fast approaching and it’s time for preparations to get underway. Clients of lucent advisory will not need to take any action

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Everything You Need To Know About Single Touch Payroll Reporting2019-10-16T16:18:25+08:00

HR and Payroll Outsourcing Benefits

2021-09-01T21:19:06+08:00

Does the thought of managing and paying employees to raise your level of anxiety? When we listen to CEO’s, Managing Directors, General Managers, Finance Manager or HR Manager of an organisation, we frequently hear… It’s a mess, we have people on so many different pay rates and varying entitlements….I do not have time to ensure everyone is paid correctly. there are so.

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HR and Payroll Outsourcing Benefits2021-09-01T21:19:06+08:00

What is Superannuation and How To Calculate Superannuation

2021-09-01T21:30:26+08:00

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.

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What is Superannuation and How To Calculate Superannuation2021-09-01T21:30:26+08:00

Changes to casual & part-time entitlements in some awards

2019-10-18T13:04:16+08:00

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.

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Changes to casual & part-time entitlements in some awards2019-10-18T13:04:16+08:00

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

2021-09-01T15:04:12+08:00

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, leaves entitlements and bonuses

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3 Things every employer needs to know about Payroll Compliance in Australia2021-09-01T15:04:12+08:00

Protecting Vulnerable Workers Bill passed Parliament

2019-10-16T16:44:57+08:00

Franchisors and holding companies will now be held accountable for the underpayment of wages, poor wages record keeping and non-issuing of compliant pay slips. The Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017 passed the Parliament on 5 September giving the Fair Work Ombudsman capacity to take action in cases of exploitation of vulnerable workers. What does this mean.

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Protecting Vulnerable Workers Bill passed Parliament2019-10-16T16:44:57+08:00

State Budget Update: Job Accelerator Grant Scheme extension

2022-02-15T11:04:13+08:00

Thinking of hiring that new apprentice or trainee? How does a $15,000 government rebate sound? The Job Accelerator Grant has been extended to June 2018. A grant increase of an additional $5,000 for each new apprentice and trainee hired was announced in yesterday’s State Budget. This is in addition to the previous $10,000 grant, increasing the total benefit to $15,000!

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State Budget Update: Job Accelerator Grant Scheme extension2022-02-15T11:04:13+08:00

State Budget Update: Permanent Payroll Tax rate reduction

2019-10-16T16:54:27+08:00

A small win for South Aussie small businesses! A permanent reduction in South Australia’s payroll tax rate for smaller employers has been released in the State Budget . What does this mean for you? A savings of between $2,082 and $9,800 a year if your payroll is between $600,000 and $1.5 million. Up until 2013-14, businesses with payroll < $1.5 million

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State Budget Update: Permanent Payroll Tax rate reduction2019-10-16T16:54:27+08:00

Our Guide To Payroll Year End 2017/18

2019-07-12T00:27:36+08:00

End of Payroll Year Compliance Deadlines. With end of year approaching, as an employer there are a number of compliance deadlines that you need to meet. These include: Issuing annual payment summaries to your staff due no later than 14 July 2017 Issuing annual payment summaries to the ATO due no later than 14 August 2017 Annual Return to Work.

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Our Guide To Payroll Year End 2017/182019-07-12T00:27:36+08:00
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