News

Fair Work have made a recent update to ‘What has to be on a pay slip?’ on their website. The site now includes the term ‘casual loading’. If this is not shown on the pay slip, a note can be included to state that the hourly rate incorporates the causal loading. Here is the list … Read more

ATO Assistant Commissioner Peter Holt recently announced that in the 2019/20 financial year, the ATO will be visiting a further 10,000 small businesses across the country including up to 500 small businesses in Tasmania. They will also target businesses that advertise as ‘cash only’ and who’s operation contributes to the black economy. “Businesses that pay … Read more

Employees are spoilt this year as there is a small gap between public holidays during April. This means by taking three days of annual leave or ‘chucking three sickies’, employees can enjoy up to 10 days off work. Employers should plan ahead for those who wish to take annual leave during this time. But the … Read more

EOFY under STP This year will be the first “year end” under STP and things will be very different. Payment Summaries have a new name and location ·         Payment Summary information will now be available online at myGov. It will be called an ‘Income Statement’. ·         Once you start reporting under STP, you will no … Read more

Last week, Parliament passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers (those with fewer than 20 employees) from 1 July 2019. Small employers can start reporting any time from the 1 July start date to 30 September 2019. There will be generous transition arrangements including deferrals and a quarterly reporting … Read more

The festive season is just around the corner. It’s time to start thinking about what happens over Christmas and New Year as many businesses either shut down or have less assigned staff at work. Planning ahead… Employers can suggest employees to take annual leave during a shut down if their award or registered agreement or contract … Read more