Understanding Australian Payroll

Australian payroll can be complex whether you’re offering payroll services to one or many clients. From Modern Awards, to Single Touch Payroll, and the employee management in between, it can be difficult to ensure you and your clients are compliant with current legislation. 

This guide will give an understanding of the key components of Australian payroll including:

Single Touch Payroll

Learn about what it is and the impacts of STP Phase 2

Payroll Tax

Understand how it works and the thresholds to be aware of

Modern Awards

Learn what they are and consider a complex scenario

Employment Leave Laws

Cover the types of leave determined by the National Employment Standards

Record Keeping

Understand the requirements of record keeping and the type of documentation your clients need to keep

The Benefits of Payroll Software

Learn more about the ways in which payroll software can help to manage payroll complexities and minimise manual work

Disclaimer: The information in this article is current as at 31 May 2022, and has been prepared by Webscale Pty Ltd (ABN 70-154-693-955) and its related bodies corporate (KeyPay). The views expressed in this article are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. KeyPay does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article. You should undertake your own research and to seek professional advice before making any decisions or relying on the information in this article.