Employers should be aware that there are differing legislative requirements for when payments on termination are to be paid to the employee and factor this into their business practices to ensure compliance.  Most modern awards contain a ‘payment of wages on termination’ clause, which outlines the employer’s obligation to pay outstanding wages and entitlements when … Read more

QUESTION I have a Director who has advises he wishes to cease receiving SGC payments as he has another role and both SGC amounts will push him over the Personal Super Concessional Contributions cap. Can you confirm the options we have to ensure we are still fulfilling our obligation. Is paying the SGC amount back … Read more

For a 10th year, Alltech has partnered up with the Cronulla Sharks as a Corporate Partner. This year we are lucky enough to be sponsoring the Co-Captain, Cameron McInnes. Alltech looks forward to a successful year working with the Cronulla Sharks, Up Up.

A shutdown is when a business temporarily closes during slow periods of the year, such as Christmas and New Year. It is also called a “close down”.  If the business requires employees to attend work during the shutdown period, they should be paid as normal.  Employees do not have to attend work on any days during … 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

A shutdown is when a business temporarily closes during slow periods of the year, such as Christmas and New Year. It is also called a “close down”.  If the business requires employees to attend work during the shutdown period, they should be paid as normal.  Employees do not have to attend work on any days during … Read more