Minimum Wage Increase – 1 July 2021 The national minimum wage increases on 1 July by 2.5% to $20.33 per hour (or $772.60 per week). The minimum wage increase applies to employees if an award or national minimum wage defines their pay rate. This year, the Fair...
Does your business make payments to closely held payees? If so, you will need to start reporting these payments via Single Touch Payroll (STP) from July 2021. Closely held payees include family members, directors or shareholders of a company and beneficiaries of a...
Single touch payroll (STP) regulations may require you to make some changes. Automation or outsourcing will make compliance less of a time burden for your business. The STP legislation affects all employers by adding a new level of reporting obligations. Learn more...
Single touch payroll (STP) is a new regulation that changes when and how small businesses report payroll activity to the Australian Tax Office (ATO). Businesses used to report this information to the ATO once a year. Now, they need to send a report after each payday....
