Payroll is one of those necessary tasks that takes a lot of time. It doesn’t directly relate to the profit of your business but it does have a big impact on how your business stands.
Processing payroll is a cause of stress for many business owners. It takes up a lot of their time and requires a lot of effort. You have to be careful you’re doing it correctly otherwise your employees could be affected.
Our professional and affordable payroll services ensure your employees are paid on time and accurately, without the hassle.
Our complete payroll solution includes weekly, fortnightly and/or monthly payroll processing, payroll tax compliance, superannuation, PAYG calculations, payment summaries and leave tracking. We’ll also make sure you’re compliant with all relevant regulation, including Workers Compensation. We stay on top of these complex, ever-changing government regulations so you don’t have to worry.
Single Touch Payroll (STP) is an ATO requirement that affects every business with employees.
For businesses with 19 or fewer employees, (as of 1 July 2019) you will need to report all pay events as they happen. That includes pay runs, including tax withheld on wages and superannuation amounts. For businesses with 20 or more employees, reporting started on 1 July 2018.
Lodging every pay event to the ATO means they’ll have up-to-date information in front of them, which makes data matching a lot easier. The ATO will be able to see if you are meeting your superannuation guarantee and PAYG withholding obligations. Put simply, the ATO will be able to crack down on business owners that aren’t doing the right thing.
As a registered BAS agent, we’re in the best position to help you with this. We can make sure you’re set up and ready for Single Touch Payroll, including appropriate software. Get in touch to find out more.
Payroll Tax is a state tax on assessed on wages paid or payable (thresholds apply). We can handle this for you so you don’t have to worry. Our experienced team of payroll experts will prepare and lodge your payroll tax return so you stay compliant.
Our clients appreciate the peace of mind our payroll tax lodgement service brings.
Wish a professional would just take payroll off your hands?