Everyone knows the phrase ‘work life balance’, but how many people actually feel like they are achieving it? These days we are all time poor. With everyone having so many commitments, it just doesn’t seem like there’s time left to get it all done. But that’s where flexible working arrangements can help. As per […]
READ MOREHow You Can Avoid Being Caught Up in the Next ‘plutus Payroll’ Style Scandal
When Sonya Causer stole almost $20 million dollars from Clive Peeters over 18 months in 2008 and 2009, I thought I’d seen the biggest Australian payroll fraud That figure has been dwarfed in the past week with the alleged $165m tax fraud, involving payroll outsourcing company Plutus Payroll. So far, this story reads like a […]
READ MOREOverpayments – When Does FBT Apply?
Did you know that depending on the size and handling of an overpayment, an FBT liability may apply? Read on to learn what you need to consider when deciding how to handle an overpayment, in order to avoid an FBT bill. Firstly, it must be determined whether the employee is ‘obliged’ to repay the amount […]
READ MOREApril Public Holidays
It’s almost Easter, are you ready? Depending on which state your workers are in, there will be anywhere between 3 and 5 public holidays this month. All employees are entitled to a day off on a public holiday. Full and part time employees are to be paid for the full day at their base rate, […]
READ MOREChanging the Frequency of Your Pay Cycle
When and how often to pay employees is a question which can affect many areas of a business, with cash flow and employee satisfaction ranking high on the list of factors. But if your company has been doing the pays the same way for what seems like forever, you may be wondering if it’s time […]
READ MOREHow to Manage Employee Overpayments
The options for employers after discovering employee overpayments can be very confusing. Before you decide whether to notify the employee by letter, email, or by far the most dreaded method, the awkward phone call, you need to know what your rights and responsibilities are when it comes to recovery of the funds. As nice as […]
READ MORESeven Red Flags for Payroll Fraud
Although it’s impossible to accurately quantify, payroll fraud is more common than you might think. With the recent prosecution of a payroll officer at Woolworths, it’s timely to take a look at the topic of payroll fraud again, and what you can do to avoid it. With most cases remaining unprosecuted due to the minimal […]
READ MOREYou Can’t Ask Me That!
I think we will all be familiar with these sort of questions. How much extra should I put in my super? Should my super contribution be before or after tax? Should I claim the tax free threshold? Do you think I need to pay extra tax? Is a novated lease a good idea? Does this […]
READ MORELooking Forward to Meeting You at the Conference
If you have anything on your agenda for 21 October 2016, now is the time to clear it. Because you won’t want to miss out on your opportunity to attend the 2016 Australian Payroll Conference! And for those of you who aren’t locals, this applies to you even more so. You have now found the […]
READ MOREWhere to Get Payroll Answers
As payroll professionals, we are expected to know a lot. Tax, superannuation and the legislation governing these complex topics are part of our normal daily routines. But how are we supposed to learn all of that and, more importantly, remember it all? What’s the trick to it? Perhaps the trick to it isn’t really trying […]
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