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Useful industry news and articles from the team at Alltech Payroll.
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- 11 February 2026
- 17 December 2025
- 24 September 2025
- 10 April 2025
Last week, the ATO released some new indexed figures that will commence in the 2025/26 financial year. The relevant changes are as follows: Lump Sum D Threshold The Lump Sum D threshold will increase to $13,100 + $6,552 for each completed year of service from 1 July 2025. ETP thresholds The life benefit termination payment ETP cap … Read more
- 22 June 2023
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
- 1 September 2022
From 1 September 2022, there will be new annualised salary arrangement rules in the Hospitality Industry (General) Award 2020 and Restaurant Industry Award 2020. The new rules will replace the previous provisions found in these awards. Under these annual wage arrangement provisions, an employer needs to pay their employee at least 25% higher than the … Read more