If you’re a new or existing employer in NSW, you need to come to grips with the ins and outs of state-based payroll tax. Every state has their own rules and tax rates, so be careful to pay attention to your state when considering payroll tax concerns. Let’s dive into...
In Australia, a pay run refers to the process of paying employees their wages or salaries. While ‘payroll’ is a broader term, a pay run is the act of actually remunerating your employees. Doing a pay run involves calculating and disbursing payments to employees,...
Any employer with full time staff may offer (or be required to offer) what’s known as ‘annual leave loading’ to boost the base rate of pay for workers when they take leave. Annual leave loading, often referred to as ‘leave loading’, is an additional payment made to...
As part of your responsibilities as an employer, you’ll need to get your head around the modern award system. A modern award (or simply ‘award’) is a government-mandated set of expectations around employment conditions, such as pay. An award factors in the industry...
As an employer, you likely need to withhold tax from your employee’s pay on behalf of the ATO. This is known as PAYG withholding. When it comes to paying your employees and running compliant payroll processes, understanding your PAYG withholding obligations is...