Our Recent Blogs
Employee v Contractor.
The ATO is allocating compliance resources to worker classification arrangements and have released draft Guideline PCG 2022/D5 to assist when classifying workers as employees or independent contractors. It also outlines the risk framework to assist in a self-assessing the likelihood of ATO Compliance action.
Changes to leave entitlements.
All full-time, part-time and casual employees who work for large or medium businesses will have access to paid family and domestic violence leave (“FDVL”) under the Fair Work Amendment (Paid Family and Domestic Violence Leave) Bill 2022.
Small Business Tax Incentives: Skills and Training Boost.
The Government is consulting on exposure draft legislation to introduce a Skills and Training Boost to support small businesses to train and upskill their employees resulting in more staff productivity and retention.
Employers need to prepare for changes under STP expansion.
Single Touch Payroll ('STP') reporting has been expanded.
This expansion, known as ‘STP Phase 2’, means that employers will need to start reporting extra information to the ATO each time they run their payroll.
Get ready for super changes from 1 July 2022.
As the new financial year approaches, employers need to be aware of two important super changes.
JobMaker Year 2 adjusting baseline headcount.
If you have been claiming the JobMaker Hiring Credit, please be aware that the ATO will now calculate an adjusted baseline headcount for the claim. The ATO will amend the prefill in the claim form based on information provided in earlier claims.
Reminder: Stapled Super Fund Requests now live.
From November 1, 2021 the ATO’s Stapled Superannuation Fund Request initiative became live. Which means if you have employed staff since this date and they have not nominated a super fund, you will need to request your employee’s stapled super fund via ATO Online Services.
ATO support for employers with expansion of STP.
As part of the expansion of Single Touch Payroll (known as STP Phase 2), from 1 January 2022, employers will need to report additional payroll information in their STP reports.
Reminder of Superannuation Guarantee obligations for September 2021 quarter.
Employers are reminded that the due date for making SG contributions for the September 2021 quarter is 28 October 2021.
Extra “super” step when employing new staff.
From 1 November 2021, if you have employed new staff, you may have to take an extra step to comply with choice of fund rules if they don’t nominate a super fund.