Author Archives: user

Salary Sacrifice Super offsets January 1st 2020. What you need to know.

Effective from 1 January 2020, the Superannuation Guarantee (Administration) Act 1992 will no longer allow salary sacrifice super amounts to reduce an employee’s OTE or offset super contributions that employers are required to pay. As such, any business that currently has their salary sacrifice super deduction set up to reflect this will need to update their deduction setting […]

Business Bulletin – Summer 2020

Business Bulletin

The quarterly Business Bulletin is a document containing informative topics for the business owner. Covered in this edition of the Business Bulletin: Identifying Payroll Fraud – Tracey Angwin, from Australian Payroll Association lists the seven most common areas that give rise to suspected fraudulent payroll activity. Surviving Tough Times – With the Reserve Bank of […]

STP Reporting over Christmas

Many businesses close down for a period over the holiday season. Generally this is sometime around December or January. If your business is STP reporting you may need to lodge payroll information before you close. It’s possible to submit multiple pay runs before you close if one or more pay runs fall during the period […]