Join us at KPMG’s Perth Office to learn more about Single Touch Payroll Phase 2 and the ATO’s latest payroll reporting requirements.
Your Future, Your Super
Introduced as part of the recent Your Future, Your Super federal government measures, Super Stapling applies to employees starting a new job from 1 November 2021.
Your Single Touch Payroll (STP) Engagement Authority
Enduring Authority must be signed and returned to Paypac each year. (MANDATORY FOR AUSTRALIAN COMPANIES ONLY)
From 1st July 2021, the SGC rate will rise from 9.5% to 10%.
This increase will require employers to contribute an additional half percent to meet their SG obligations under the Superannuation Guarantee (Administration) Act 1992 (Cth) (SGAA).
Important Paypac Notice
Aditional services to help you become more efficient and innovative to your employees.
The Superannuation Guarantee is set to increase on 1 July 2021 to 10%.
Please be aware of the following important information.
Paypac's Business Continuity measures are in place between Monday 1 February and Friday 5 February inclusive.
Please be aware of the following important information.
The ATO have noticed some Employers are concluding with JobKeeper 1 incorrectly and are using JobKeeper-Finish-FN-13.
If you are finishing with JobKeeper 1, NO JobKeeper finish is required....
With just released guidance from the ATO, we now have a clearer picture of the JobKeeper 2.0 extension that begins on the 28th of September.
We are pleased to advise Paypac Software is ready to accommodate these changes. No Software Update is required.
The High Court of Australia has preserved the widespread and long-standing industry practice regarding personal/carer’s leave accruals.
This has been largely welcomed by employers.
The last day by which a business can apply the Superannuation Guarantee (SG) amnesty and pay the amounts required under the amnesty is 7 September 2020.
Changes to the Australian Government Parental Leave Pay Scheme have occurred.
You can check eligibility requirements for the Parental Leave Pay scheme or make a claim through Centrelink.
It’s fair to say the end of this financial year has crept up on many businesses.
We bring to your attention some year-end matters for your review.
The roll out time frames of JobKeeper had all the elements to challenge payroll providers to the core and exposed the interconnectedness of the ATO, Paypac as a Digital Service Provider (DSP) and our essential suppliers like never before.
There is very limited time to process any final JobKeeper amendments for April.
To make sure your JobKeeper has been processed correctly, please review this important information.
With the recent uncertainty relating to the eligibility for 16 or 17 year olds, the ATO has amended the Employee Nomination Form today, setting out JobKeeper eligibility for JobKeeper recipients aged 16 or 17 years old.
Late yesterday afternoon, the Nomination form was amended on the ATO Website.
The updated link is:https://www.ato.gov.au/Forms/JobKeeper-payment---employee-nomination-notice/
It’s been another incredibly busy week of rolling out the JobKeeper Scheme
The Treasury announced a number of changes, and the ATO updated its time frame around enrolment and payment for the first JobKeeper payments.
We’d like to acknowledge the impact Covid-19 is having across many within our client base.
Whilst we are seeing rays of optimism from our clients with the Government’s measures being rolled out, we have an astonishing amount of changes to legislation due relating to payrolls arriving.
Upcoming Legislative Changes
The Paypac team are now all working remotely – it is very important that you contact your Payroll Contact via email to ensure the quickest response to your query
We are keenly focussed on our preparedness efforts to continue processing our clients’ payrolls amidst this COVID-19 event.
We have activated Business Continuity measures, including providing our Payroll Team with a safe work from home environment and enabling capabilities to continue business operations during this unprecedented time.
Strict data management policies and protocols are in place.
Paypac is working with our clients, employees, contractors and suppliers to ensure our response to COVID-19 is measured and appropriate.
As the outbreak of Coronavirus increases, it is highly likely there will be an impact across the board and in various ways to our client base.
Paypac is taking precautionary approaches in line with preparedness and communicating collaboratively with our clients, implementing responsible actions now to minimise the potential impact on our payroll processing work.
The spread of the novel coronavirus (COVID-19) is a rapidly developing situation.
Paypac is taking a precautionary approach in line with preparedness and communicating collaboratively with our clients, implementing responsible actions now to minimise the potential impact on our payroll processing work.
1st March 2020 will see the introduction of new changes to Annualised Salary employees under 22 modern awards.
It is clear that these changes will have a significant impact on employers that pay their staff annual salaries.If you need professional assistance in this area, please advise, as we may be able to provide you with relevant contacts.
Paypac would like to express our deep concern and support to our colleagues, clients and friends affected by unprecedented bushfires across the East Coast.
We are thinking of all those affected and our team are deeply saddened to hear the fires continue to make a devastating impact across so many parts of Australia.
Paypac has donated to the Australian Red Cross Relief and Recovery Fund.
Paypac is once again assisting our long-standing client Foodbank WA, with a Food Drive to help fight hunger this Christmas.
This is our 10th year assisting Foodbank WA and over this time, we have donated 9 tonnes of food.
In October, Paypac conducted a client survey to gauge the current level of customer satisfaction and to learn how Paypac can continue to innovate and improve our service delivery.
Some of Paypac’s clients will be interested to review the attached ATO link, referring to Hiring Working Holiday Makers.
Reproduced with permission from Chamber of Commerce and Industry of Western Australia.
Most employees can now take up to five days unpaid leave to deal with family and domestic violence, with new
Paypac has purchased 400 native trees from Carbon Neutral’s Plant a Tree program over 2019 on behalf of Paypac’s team, clients and stakeholders.
We are proud to announce the launch of our new, re-designed website!
With a crisp new look, we’ve simplified the design to make it clearer and more engaging.
We will take the time to understand your needs, and explain our payroll services to you.