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06.02.2025
Understanding payroll calculations: 52 vs. 52.14 weeks
Payroll professionals frequently encounter confusion when calculating pay and leave accruals due to the difference between a 52-week year and a 52.14-week year. While it may seem like a minor distinction, using the wrong figure can result in ...
06.02.2025
The importance of accurate employee information in payroll
Maintaining accurate employee address information in payroll systems is more than just an administrative task—it is essential for compliance, correct payroll tax calculations, and Single Touch Payroll (STP) reporting to the Australian Taxation Office ...
31.01.2025
Securing a training budget for your payroll team: how to make your case
Payroll is one of the most complex and high risk functions in any organisation. Yet, despite the ever changing compliance landscape, many payroll teams struggle to secure the necessary budget for ongoing training. Without regular professional ...
31.01.2025
Hamilton Island operators sign Enforceable Undertaking
The companies responsible for the operation of Hamilton Island in Queensland have back-paid staff more than $28.1 million and have signed an Enforceable Undertaking (EU) with the Fair Work Ombudsman. Hamilton Island Enterprises Limited (HIE) operates a ...
24.01.2025
Determining an employee vs a contractor: key considerations for payroll professionals
The distinction between an employee and a contractor is a critical determination for payroll professionals. Misclassification can lead to severe legal and financial repercussions, including back payment of wages, superannuation, penalties, and ...
23.01.2025
Payroll Manager pleads guilty to two counts of fraud by an employee
A gambling addict has been jailed after taking hundreds of thousands from his Brisbane employers, punted away more than half a million of it as “the bright lights of the casino and poker machines” mitigated his anxiety, a court has heard. Former payroll ...
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