nicole – Page 27 – Streamline Management

Fairwork update – deductions

Fair Work has updated the rules about deductions from employee wages.
New rules apply for employee authorised deductions from pay that are either one-off or recurring and for specific amounts or for amounts that change from time to time.
These are called employee authorised deductions and the employee needs to give their permission in writing. Examples of these deductions include payments to a health fund or union fees.
Need help with payroll? Ask us to give you a hand

12/01/2024

January 2024

Still getting the hang of 2024? Same!

January might be holiday time, but there are a few crucial deadlines. The most important is Oct-Dec super needs to be in your employees super funds by 28th January. Another public holiday for Australia Day and then its back to school – woohoo!

11/01/2024

December 2023 quarter super is due soon

October-December super contributions, must be received (by fund) by 28th January.
Severe penalties will apply for late payments.
Payments should be authorised by 19th January as it can take several days to process (Don’t forget the Australia Day public holiday may slow down processing times).

10/01/2024

Poetry At Work Day

The Hardship of Accounting
by Robert Frost

Never ask of money spent
Where the spender thinks it went.
Nobody was ever meant
To remember or invent
What he did with every cent.

09/01/2024

Elvis said it best

Sick of conversations with the ATO about missing deadlines?
What actions do you need to take this year to avoid the tax office jailhouse?
Need help? That’s Alright, You’ll Never Walk Alone, we’ll be your Good Luck Charm!

08/01/2024

Get Organised January 2024

January is Get Organised month.
To help you we’ve put together a list of key dates and deadlines.
Add them to your calendar to help with organising your cashflow and work priorities.
We’ll post reminders through out the year to help you stay on track (and the right side of the tax office)

08/01/2024

Games Day

Small business ownership is much like snakes and ladders – you take a massive step up and then you slide backwards.
Unlike the game, the more you play in your business – the luckier you get. Gather great people around the board, they can support you as you slither down and hold the ladder as you climb up.
Sing out if you’d like us to blow on the lucky red dice!

20/12/2023

Christmas 2023 holidays

Christmas time wages – so easy!
If you are closing your office you need to know about public holidays and how they effect wages for your team. Different states declare different public holidays, part-time staff need to be paid their normal hours, they do not need to make up the time on another day.
If your workplace remains open, you need to know about public holiday payrates/loadings and minimum shift lengths.
Check out all the details here or ask us to help.

18/12/2023

Fairwork update – fixed term contracts

Fair Work has updated the rules about fixed term contracts
From 6 December 2023, new rules apply when engaging employees on fixed term contracts.
A fixed term contract terminates at the end of a set period (for example, the contract ends on a set date or after a set period of time or a season).
The new rules include a requirement for employers to give any employees they’re engaging on a new fixed term contract a Fixed Term Contract Information Statement (FTCIS).
Need help with payroll? Ask us to give you a hand

13/12/2023

Use your Get out of Jail Free card – time is running out

If you’ve fallen behind with your tax lodgements – the window to lodge without late fines is closing.
If eligible overdue forms are lodged between 1 June 2023 and 31 December 2023, any failure to lodge penalty applying to the late lodgment will be remitted.
There really is little time left before everyone packs up for the year – act now!

08/12/2023

Author: nicole