Taking the Pain Out Of Payroll
Choosing the right payroll schedule for your team and your business is a daunting task. Paying your employees too often can drain your bottom line, but paying them too infrequently can cause undue hardship on their personal budgets. The four most common types of payroll schedule are;
- Weekly
- BiWeekly
- Semi-Monthly
- Monthly
Understanding Fairwork and ATO requirements for payroll is complex, this is where we can step in on your behalf. We offer to take these compliance requirements off your hands;
- Employee setup packs customised to your business needs;
- Setting up, operating, configuring and advising on payroll systems;
- Setting up individual employees in the payroll system;
- Processing employee timesheets;
- Preparation and delivery of employee Payslips;
- Interacting with the ATO re; PAYG Withholding liabilities;
- Interacting with the ATO re; Superannuation Guarantee;
- Advising as to the quantum of Superannuation Guarantee payable;
- Calculation and processing of termination payments;
- Reconcile end-of-year wages;
Completion and lodgement with ATO forms/returns, eg.:
- TFN Declarations;
- Superannuation Guarantee Charge Statements;
- Single touch Payroll (STP) Pay Events
- STP Finalisations
- Preparation and Lodgement of Monthly Instalment Activity Statement
- Preparation and Lodgement of Monthly Payroll Tax following state guidelines.
Taking the Pain Out Of Payroll
Tax and BAS
Organisation and Planning
How Can We Help?
Consultation, Assessment, Action!
