Useful industry news and articles from the team at Alltech Payroll.

Filter by topic

The ATO will soon expand how they use Single Touch Payroll (STP) information they have received from employers. They will do this by reviewing it alongside information reported to them by super funds, which tells them when an employer has paid their employee’s super guarantee. While they already hold this information, they are improving how … Read more

This tax time, the ATO is receiving an increased number of reports about several ATO impersonation SMS and email scams. These phishing scams encourage people to click on a link that directs them to fake myGov sign in pages designed to steal their username and password. Scammers use many different phrases to try and trick … Read more

The ATO has released new HECS-HELP tax tables that apply from 1 July 2023. There are no changes to the normal PAYG tax tables for the 2023–24 income year. The only change is to study and training support loans. Study and Training Support Loan changes to apply from 1 July 2023: With the annual indexing of … Read more

The Fair Work Commission has issued a statement about two new dispute types the Commission will be able to deal with from 6 June 2023. These are disputes relating to requests for: Both of these changes will take effect from 6 June 2023 and were part of the Fair Work Legislation Amendment (Secure Jobs Better Pay) Act 2022. The two … Read more

From 6 June 2023, there will be changes to how employers need to respond to requests by employees to extend their period of unpaid parental leave.  The changes, made as part of the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022, form part of an Australian Government’s commitment to improve job security and put gender equality at the centre of the workplace relations system. Currently, the … Read more

The fringe benefits tax (FBT) year ends this week on 31 March 2023. Employers must assess their fringe benefits tax (FBT) liability for the 2023 FBT year (1 April 2022 to 31 March 2023) to determine whether they have a lodgement and payment obligation. If the employer: For more information on Notice of non-lodgement visit: Fringe benefits tax … Read more