Fair Work has updated the Fair Work Information Statement to make it easier for employees to understand minimum workplace entitlements. Every worker in Australia needs to get a copy of the Fair Work Information Statement when they start a new job. Employers must know that: The Fair Work Information Statement is information issued by the Fair Work … Read more

As many employers may already know, over the past few years, penalty rates in the Restaurant, Hospitality, Pharmacy, Fast Food and Retail awards have been gradually changing. This week encounter another phase of changes to the Retail Industry Award. Specifically with casual penalty rates. We do not usually mention particular award changes for individual awards, but this is … Read more

We are very close to Christmas and being the time for giving, some employers might be thinking of providing an annual bonus to employees. When employees are paid bonuses, it is assessable income to them and processed as such in payroll: • Deduct PAYG from the amount using a marginal rates calculation • Report it … Read more

With Christmas around the corner, some employees may want to take annual leave in advance. In this article we look how you can protect yourself when agreeing to let an employee take annual leave in advance. When can an employee take annual leave in advance? Under the annual leave in advance clause now included in … Read more

With Single Touch Payroll bringing increased focus on compliance, paying superannuation correctly is more important than ever. Here are some ideas to form your own superannuation checklist: Check that you are paying superannuation to all entitled workers. It is important to know that some contractors may be entitled to superannuation as well. Check you are paying … Read more

Occasionally, an employee can decrease the amount of tax withheld from their salary. The employee must apply and obtain an approved withholding variation from the ATO in order to have their tax decreased in payroll. This is also known as a ‘downward variation’. What process must the employee follow to vary their PAYG? In order … Read more