KeyPay – Payslips makeover

One of the most important documents that KeyPay produces are, of course, payslips. KeyPay ensures that they produce Fairwork compliant payslips. The key changes are: The information is laid out in a much clearer, easier to understand fashion Easier to print Compatible...

E-Tax has been replaced with myTax.

On 1st July, 2016 myTax has been expanded to do everything e-Tax could do and more. Not only will Australians with rental properties be able to use myTax this year, but they will also be able to take advantage of the fully integrated tools and calculators. myTax can...

Super Stream

Super Rate remains at 9.5%. SuperStream is a standard for processing superannuation data and payments electronically. It must be used by: Employers Self-managed super funds APRA-regulated funds Businesses that have more than 20 employees should already be compliant....

Fair Work Has lifted Minimum wage by 2.4%. 

The nation’s lowest paid workers will receive a pay increase, following Fair Work Ombudsman’s annual minimum wage decision. Fair work has lifted minimum wage from $17.29 an hour to $17.70 an hour that’s a  2.4% rise for full time employees as of 1st July...

Workcover declarations of remuneration

After 18th May 2016 Workcover declarations of remuneration can be lodged through online services and must include – A. Salaries and wages Salaries/Wages Gross pay before tax Allowances Back pay Bonuses Directors’ fees and all remuneration to directors or members...

End of Financial Year

Need help getting your paperwork up to date? Employees PAYG Summaries need to be completed and supplied to employees  by 14th July 2016. Business Activity Statements due by 28th July 2016. We are here to help, please give us a call for any...