Since the Penalty Rate changes were first announced on the 23rd February, employers and employees have been left in limbo as to when and by what percentage Penalty Rates would be in decline. This week Australia’s workplace umpire, the Fair Work Commission (FWC), has handed down a decision on how Sunday Penalty Rate changes will […]
The recent alleged tax fraud of $165 million carried out by Sydney-based payroll outsourcing firm Plutus Payroll has brought the payroll industry into sharp focus this past couple of weeks. The enormity of this case makes it unlike anything we’ve seen before. Details may emerge over time of how the complex scheme worked, but it’s […]
With the Federal Budget now announced, businesses can take stock of the proposed changes and plan for next year. With that in mind, we’ve outlined some key changes and proposals that may affect you and your business, with a specific focus on how much the Federal Budget affect the payroll industry in 2017/18. What are […]
6 Reasons you should be ‘in the Cloud’.
16/05/2017
The cloud. You can’t escape hearing about it. It’s everywhere around us and no, we aren’t talking about Cirrus, Cumulus or even Stratus. We’re talking about The Cloud that stores endless amounts of data, floating around the internet and enabling the sending and receiving of data. Just like the common rainmaking cloud, the computing cloud […]
Calculating the true cost of Payroll
08/05/2017
Knowing the true cost of payroll is vital to understanding if and how outsourcing the function may benefit you. Typically managers and business owners underestimate the total cost of the payroll process. This is because the payroll function often touches more parts of an organisation than you might think at first glance. For example, we […]
Shopping for a New Payroll Service?
01/05/2017
Looking for a new payroll service? Choosing a new payroll service can help the business save money and time so you can focus on your growing business, but it can be difficult to choose the best service for you when the technology that the service is delivering is old and antiquated or payroll is an […]
457 Visa to be abolished
24/04/2017
It has been announced this week that the ‘Temporary Work (Skilled) visa (subclass 457 visa)’ – commonly known simply as a 457 visa – is to be abolished. From March 2018, it is to be replaced by a new ‘Temporary Skills Shortage (TSS) visa’.The new TSS visa will consist of two streams, with an accompanying […]
Is Your Payroll Living On the Edge
22/02/2017
Payroll departments face ‘dangers’ every day, from many different angles. Legislation, staffing, compliance, errors, time frames…these are just a small portion of the potential perils a payroll department must face. And trouble in any one of these areas will have a flow-on affect that can be felt throughout the business. Do you know what symptoms […]
Xmas Shut Down
30/11/2016
Xmas is coming! And to make way for Santa to come and do his thing, many companies will close for a shut down period. However, before the doors close, here are a few points to consider regarding payments to your employees. Under most awards, full and part time employees are entitled to be paid their […]
Reviewing Your Payroll Function
08/11/2016
When was the last time you did a review of your payroll system and processes? It’s not on the top of many companies ‘to do’ lists, but it should be. With the continuously evolving technology available to us today, as well as the legislative and regulatory changes that are constantly taking place, if you’re not […]
