A new suite of major changes to employee awards and legislation will come into effect in 2020 and small businesses must comply with them or face consequences by the Fair Work Ombudsman. writes Tracy Angwin of the Australian Payroll Association. Legislation and individual awards around employee entitlements change regularly. Organisations are required to comply with… Read more »
From local cafés and restaurants to large retail conglomerates like Wesfarmers and Woolworths, it seems that we are hearing about a new underpayment scandal every other day. No matter how small or large your organisation is, any business owner can find themselves in hot water once accused of committing wage fraud, writes Tracy Angwin, CEO… Read more »
Intuit Australia has announced it will include an STP-compliant solution for small and micro businesses as part of its Quickbooks offering. Small and micro businesses with up to four employees can access Quickbooks plus an STP compliant payroll solution from Keypay for as little as $15 a month. “Following extensive customer research with small businesses,… Read more »
It’s hard for business owners to think that one of their employees is committing payroll fraud. However, payroll fraud in Australia is more common than you think, and if left undetected, can place a severe financial drain on your business. Payroll fraud costs Australian businesses millions each year. For electrical retailer Clive Peeters, it was… Read more »
Accounting solution MYOB has announced the launch of a $10 payroll product to ensure Single Touch Payroll (STP) compliance is made easy for microbusinesses. MYOB Essentials Payroll and a payroll component for MYOB Connected Ledger have been released today, specifically for micro businesses with 1 to 4 employees, with each available for $10 per month.… Read more »
With Single Touch Payroll likely to become mandatory for all businesses in the coming months, MYOB has announced a cost-effective solution for microbusinesses allowing them to be STP compliant with ease. MYOB General Manager of Products, David Weickhardt, said the company is passionate about helping businesses of all sizes succeed. He suggests the payroll solution… Read more »
New research by cloud accounting solution, Xero, has found one in five small businesses are still relying on old-fashioned methods to process their payrolls despite the fact Single Touch Payroll (STP) is expected to be extended as compulsory to all businesses from July 1 2019. STP is a new way of reporting tax and super… Read more »
MYOB and Mastercard today announced a strategic partnership to bring innovative new ways of managing cashflow to hundreds of thousands of small business owners across Australia. The companies are teaming up to introduce a new payments solution for customers looking for an easier way to manage supplier invoices and payroll. Customers will be able to… Read more »
Seven Miles Coffee Roasters employees were still punching in customer credit card details manually four years ago. Reporting, too, was no holiday. All those spreadsheets were tied to legacy systems that CFO James Burt says were bound for obsolescence. James was central in replacing the speciality coffee roaster’s separate business systems with a unified cloud… Read more »
Confusion with imminent compliance dates is putting SME business owners at risk of falling foul of the ATO.
Growing your business often means growing your team. But running a people intensive business and managing your workforce means your day can quickly be consumed with HR demands.