All the latest tips for employers

 

Paying Super for Your Employees

If you use the Small Business Superannuation Clearing House (SBSCH), then don’t forget that you will need to have changed how you access it since 26 February 2018 when it became part of the the ATO’s online services. The change has also meant extra functionality, such as the ability to sort employee listings and payment by credit card.

If you’re not already  set up to access the ATO Business Portal, then you will need to do so in order to continue to use the SBSCH.

A webinar recording is available on ato.TV (http://tv.ato.gov.au/) to guide you through using the new SBSCH.

Changes to Employment Awards

If you employ staff and have employees covered by a Modern Award then you need to make sure your business is up to date with any of the award changes announced late last year by the Fair Work Commission.

The changes affect 11 different Modern Awards.  Dairy farmers, grape growers, retailers, cafes/restaurants/fast food/clubs and hospitality providers, school bus operators, hairdressing and beauty salons, and social and community services all have some changes.

The changes affect selected overtime rates and minimum shift entitlements and already apply.

More information can be found here, and there is a really good summary from Quickbooks and Kepay available here.  You can always also contact our HR Manager Tanya if you need any assistance.

Single Touch Payroll

The start date for this significant measure affecting how you pay employees is drawing ever nearer.

You will be required to electronically report payroll information directly to the ATO from your payroll solution from 1 July 2018 if you have a headcount of 20 or more employees on 1 April 2018.

But every other employer only has an extra 12 months before they are subject to the same rules, so every employer needs to think about how they will be able to comply.

For example, those businesses who use MYOB AccountRight v19 will need to upgrade to MYOB Accountright 2017.2 (and 2018.1 that will be out soon) as we understand that the classic v19 will not support Single Touch Payroll.

Even employers who have one employee and use a manual wages book will also need to convert to an electronic system from 1 July 2019.

You can find more information on our blog.