News
Useful industry news and articles from the team at Alltech Payroll.
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- 29 November 2013
Christmas Eve from 7pm Tuesday December 24 South Australia only Christmas Day Wednesday December 25 All States and Territories and New Zealand Boxing Day Thursday December 26 All States and Territories and New Zealand New Year’s Eve from 7pm Tuesday December 31 South Australia only New Year’s Day Wednesday January 1 All States and Territories … Read more
- 29 November 2013
Q/ We are having a Christmas party for our employees and their partners, we may also be giving employees a Christmas gift. Can you tell me the FBT implications. A/ The FBT rules in this area are quite complex and depend on whether or not you are a tax-paying or tax-exempt body. The rules are … Read more
- 21 November 2013
Under the Fair Work Act, certain amounts can be withheld from an employee’s pay providing they meet the requirements of being “permitted deductions”. This part of the law is aimed at deductions like health insurance payments, union fees and similar. Such deductions can occur where the employee has made the request in writing and the … Read more
- 4 November 2013
The Federal Coalition Government has drafted proposed changes to superannuation law which, if passed, will mean that the increase from 9.25% to 9.5% for employee superannuation contributions will be deferred from 1 July 2014 to 1 July 2016. Subsequent increases would be 0.5% each year, reaching 12% for 1 July 2021 onwards. At this stage, … Read more
- 31 October 2013
Are you considering taking on new staff but not sure if they will be an employee or contractor? Sometimes the decision is not as easy as you first thought. To help you work it out, the ATO developed an Employee/contractor decision tool http://ato.gov.au/Calculators-and-tools/Employee-or-contractor/ Based on your answers to some simple questions, you’ll be provided with … Read more
- 11 October 2013
Question How long can an employee be employed on a casual basis? Answer There is no limit in the Fair Work Act on how long someone can be engaged as a casual employee, but award or industrial agreements may place limits after which the employee must be offered permanent employment. For example, the Private Sector … Read more