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What you need to know about the changes to Salary Sacrifice Super offsets from January 1st 2020.

January 6, 2020

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 [...]

Business Bulletin – Summer 2020

December 8, 2019

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 – [...]

STP Reporting over Christmas

December 5, 2019

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 [...]