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Useful industry news and articles from the team at Alltech Payroll.
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- 18 October 2024
As an employer you may pay allowances to employees for various reasons. Allowances are payments made to recognize or compensate for certain conditions of employment or to cover expenses employees may incur. It’s essential to determine which allowances are subject to superannuation contributions and which are not as this impacts compliance with the Superannuation Guarantee … Read more
- 13 September 2024
When an employee resigns, they are generally required to give their employer a notice period. During this time, their employment continues as usual, with entitlements to salary, benefits, and leave accruals remaining intact. However, employers have some flexibility in managing this period. Before making any decisions, employers should review the terms of any applicable award, … Read more
- 5 September 2024
The Fair Work Commission has started a new major case to develop a “working from home” term in the Clerks—Private Sector Award 2020. These proceedings aim to develop a “working from home” term in the Clerks Award, the most commonly used award for remote work. This follows the Modern Awards Review 2023-24’s recommendation to make … Read more
- 22 August 2024
Do you employ casuals? There are several changes to casual employment laws, starting on 26 August 2024. These include: how casual work is defined the pathway to full-time or part-time employment employee and employer responsibilities. Defining Casual Employment A new definition of ‘casual employee’ will be introduced to the Fair Work Act. Under the new definition, … Read more
- 27 June 2024
The ATO has released new tax tables that apply from 1 July 2024. Amendments to income tax rates, commonly referred to as the Stage 3 Tax Cuts, made by the Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024 will apply to the 2024–25 financial year. There have been updates to all 15 withholding … Read more
- 6 June 2024
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