News

Monday 14 June 2021 was a public holiday (Queen’s Birthday) in all states and territories except for Western Australia and Queensland. Date Day State 14 June 2021 Monday NSW, VIC, TAS, SA,TAS and ACT In this eTAPS, we share some FAQs we normally receive following the day of a declared public holiday. Are public holidays … 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

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

Termination of Employment Timing of Final Pay The Fair Work Act does not specify when amounts due on termination should be paid to the employee. In the past, Fair Work provided us with the following advice: It should be paid to an employee on their last day of work or on the next scheduled pay … Read more

Quite often in payroll we are asked to fill out an Employment Separation Certificate for an employee to give to Centrelink. Centrelink uses the Separation Certificate to determine when a person is entitled to receive benefits such as Newstart. Claimants are expected to use leave and redundancy payments to support themselves before being paid the … Read more

When an employee leaves a company and does not return items such as a laptop, mobile phone or uniform, we are often asked if the cost of the item/s can be deducted from their termination pay. Usually the answer is NO. You still need to pay the termination pay and recover the missing equipment as a … Read more