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22.05.2022
If an employer makes an overpayment, does the employee have to give the money back?
Overpayments are almost as common as underpayments, but it can be awkward asking an employee to return excess cash. Here’s a step-by-step guide to navigating this payroll error. Imagine overpaying an employee by almost $100,000 in a single payroll ...
22.05.2022
More than 90,000 South Australian public servants now involved in payroll data breach
South Australia’s Treasurer says 13,088 current and former public servants more than previously thought had their personal information stolen in a cyber attack last year. Key points: Data from one of the South Australian government’s payroll providers ...
22.05.2022
Reckon sells accounting division for $100m
Australia’s only ASX-listed accounting software company, Reckon, has agreed to sell its Accountants Practice Management Group to the UK-based Access Group for $100 million. The Reckon board has recommended the all-cash sale to shareholders and will ...
15.05.2022
New annual wage arrangements in the health services and marine towage industries
There are new terms about using annual wage arrangements in the: Health Services Award Marine Towage Award. These arrangements, sometimes called annualised salaries, can be made from the first full pay period on or after 9 May 2022. An annual salary ...
15.05.2022
Providing employees with vaccine incentives or pets can lead to FBT obligations: ATO
The Australian Taxation Office (ATO) is today urging employers that have provided their employees with fringe benefits to consider their fringe benefits tax (FBT) obligations – including registering, reporting, lodging and paying FBT. The ATO expects ...
15.05.2022
Accused believed Plutus legit, trial told
Adam Cranston has denied that he conspired to defraud $105 million from the tax office, saying he believed Plutus Payroll was above board when he acquired the business in 2016. When his company Synep took over Plutus for $5 million in June 2016, Cranston ...
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