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Key Changes to Modern Award Annualised Salaries

From the 1st of March 2020 changes have been made to annualised salaries covered by some modern awards. Employers must comply with these changes, including a new notification, annual reconciliation and record-keeping. Employers in the past have reached an agreement with their employees to be paid an ‘all-inclusive’ salary, which includes their base salary, overtime, penalties and loading. From the 1st March 2020 this changes and employers will need to ensure transparency around these calcula...

Successful Alliances launches a secure portal for the transfer of documents!

We are excited to announce that with the beginning of the New Financial Year Successful Alliances is launching a secure portal for the transfer of data between our team & clients. Once invited, clients can receive documents from Successful Alliances as well as upload documents to Successful Alliances. Examples of documents we will use the portal for are: New employee informationTFN declarationsLeave requestsTimesheetsBank StatementsReportsBudgetsPayroll tax InformationPayroll information such as...

Single Touch Payroll

Single Touch Payroll (STP) is the most significant change in reporting to the Australian Taxation Office (ATO) for businesses since the introduction of the GST in 2000. STP will commence for substantial employers and those who elect to opt in from 1 July 2018 and the plan is (if legislation is passed) to roll it out to other employers from 1 July 2019. Are you a substantial employer? A substantial employer is classified as an employer who has 20 or more employees as of 1 April 2018 or Is a memb...

18 years of bookkeeping

https://www.myob.com/au/blog/s......