Australia has one of the most complex payroll systems in the world which is why many small businesses look to payroll professionals for support.
This guide covers the key components of Australian payroll including:
Single Touch Payroll
STP and the impacts of STP Phase 2
How it works and the thresholds to be aware of
What are they and applying a complex scenario
Employment Leave Laws
Types of leave determined by the National Employment Standards
The requirements of record keeping and the type of documentation your clients need to keep
The Benefits of Payroll Software
Learn 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.