Business groups have balked at the Victorian government’s $1.7 billion payroll tax deferrals, arguing the state should scrap the charges over the next year rather than delaying them. Outlined as part of Victoria’s $3billion business support package, the deferrals mean businesses with payrolls up to $10 million will be able to defer payroll tax payments […]
READ MOREChanges would be an important part of coronavirus recovery program
Australia should resist imposing stricter migration policies in the wake of COVID-19 and instead promote the entry of global talent who can help spark economic recovery, one study recommends. While top talent hubs like the US are implementing tougher rules for migrant workers, Australia is poised to benefit from the entry of skilled individuals whose […]
READ MOREDavid Jones and Country Road confirm $3.7m underpayment
More than 7000 staff members across David Jones and Country Road have been underpaid $3.7 million over the last six years, according to the businesses parent company Woolworths Holdings. The payment error was found in late 2019, and a subsequent audit blamed the issue on rostering and payroll system errors. The SDA, ATO and Fair […]
READ MOREIBM repays Aussie staff $12M
IBM has repaid 1,647 Australia staff $12.3 million after admitting to underpaying them for almost a decade. The global tech giant has entered into an enforceable undertaking (EU) with the Fair Work Ombudsman (FWO) to back-pay the employees, many of whom were lower-salaried call centre workers in Ballarat. According to the FWO, IBM identified employees […]
READ MOREATO settles JobKeeper ordinary income debate
The ATO has clarified that JobKeeper payments are considered ordinary income but will not count towards the calculation of an entity’s aggregated turnover. The Tax Office has now updated its web guidance to confirm that while JobKeeper payments are ordinary income, they are not earned in the ordinary course of business, and hence are not […]
READ MOREJobKeeper recipients paying millions in bonuses to their executives, research reveals
At least 25 companies have paid bonuses worth a combined $24.3 million to their executives after claiming JobKeeper subsidies, an analysis of the financial reports of 290 entities on the ASX 300 has found. Key points: Not all the bonuses were paid in cash, some were paid in shares The Business Council of Australia says […]
READ MORETambla snaps up Datacom Business Services
Australian workforce management and optimisation solutions provider Tambla has acquired Datacom Business Services, part of Datacom’s enterprise payroll service business in Australia, in a move aimed at building out the company’s national customer base. Datacom Business Services (DBS) operates as a payroll service provider and system integrator that deals in payroll services, SAP system integration […]
READ MOREJobKeeper extension announcement
This information is a summary of the announced extension to the JobKeeper Payment to run from 28 September until 28 March 2021. The JobKeeper extension will become law when amendments to the JobKeeper Rules are registered. We will regularly update information once it is available. Information is current at 2 September 2020. Extension from 28 September 2020 […]
READ MOREIndustry fund underpaid SG to staff
There’s an unlikely user of the government’s current amnesty for employers who underpaid SG – a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid SG to staff for about eight and a half years after the Australian Taxation Office updated its guidance, meaning the fund should […]
READ MOREA new way to find the best payroll professionals
At Australian Payroll Association we know payroll inside out and we love supporting a wide range of organisations across all sectors with all of their payroll related issues, training and technical advice. We also know Payroll Officers, lots of them, and we have developed a profiling tool to identify exactly the specific behavioural attributes and […]
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