Staff – Page 11 – Streamline Management

How to work it out: employee or contractor

Incorrect classification of workers puts your business at risk of receiving harsh penalties, so let’s make sure you know and understand your obligations.
In June 2023, the ATO updated their guidelines, so now is a good time to review.
You may find that over time a legitimate contractor could become an employee, so you need to monitor and review new and existing workers.

The penalties for misclassification of workers are not pretty.

11/10/2023

September Quarter Super Due Soon

July-September super contributions, at the new rate of 11%, must be received (by fund) by 28th October.
Severe penalties will apply for late payments.

03/10/2023

Labour Day public holiday

Yay a day off!
What does that mean for wages?
Fairwork says: Full-time and part-time employees are entitled to be paid their base pay rate for their ordinary hours if they are absent from work because of a public holiday

28/09/2023

Boss / Employee Exchange (secret data) Day

Bosses and employees generally exchange labour for cash!
There’s a bit more to it than that. They also exchange lots of secret data.
How do your new employees safely exchange their personal details with your HR team (probably you!)? Please don’t say email, its just not a safe way to transfer TFNs and other identity documents.
Holler if you’d like to chat about ways to reduce the exchange of employee data with strangers.

11/09/2023

Super for Contractors

So you are trying to save money/headaches/risk by hiring contractors, rather than employees. Make sure you don’t accidentally create more risk for yourself.We’ve googled a bunch of info and copy pasted it here and cut the rubbish to make it easy for you to review your situation. Links to source

10/08/2023

Family and Domestic Leave for Small Business

On the 1st August changes take effect for small business.
Family and domestic violence means: violent, threatening or other abusive behaviour by certain individuals known to an employee that both: seeks to coerce or control the employee & causes them harm or fear.
On the 1st August changes take effect for small business (less than 15 employees).

31/07/2023

Payroll Day

As an employer, what do you need to do?
Lots! We’ve created a checklist with links to give you a headstart.
Before making your first hire you need to do a bunch of stuff.
Now that you’ve done the ground work, time to search for the perfect employee. If you’ve found an adequate one, you need to start the onboarding / hiring process.

21/07/2023

Staff leave – winter holidays

Are the leave balances for your staff up to date?
Let us know if a member of your team has taken a holiday or sick leave and we’ll review their leave balances.

Employees can submit their own leave requests in XeroMe, or make sure to send us an email so we can manage the process for you. Think you may have missed something? Ask about historical leave recorded.

18/07/2023

April – June 2023 super is due now

Any unpaid April-June super contributions must be received (by fund) by 28th July.

Payments should be authorised right now as it can take several days to process.

Late payments of superannuation require a Super Guarantee Charge (SGC) statement to be submitted to the ATO. The payment will not be tax deductible to your business.
If you are a director of a company, you need to pay the SGC in full by the due date. If you do not, you’ll be liable for a penalty equal to the unpaid amount, so prioritise this over any other payment.

17/07/2023

Fairwork update – unpaid parental leave

Fair Work has updated the rules about unpaid parental leave.
From 1 July 2023, the Fair Work Act includes greater flexibility for employees taking unpaid parental leave. This change is to align with updates made to the Paid Parental Leave scheme from 1 July.
Need help with payroll? Ask us to give you a hand

13/07/2023

Category: Staff