December 18, 2020
The Stage 2 step-down of the JobKeeper scheme comes into effect for any regular payroll payments occurring from the 4th of January.
October 20, 2020
Effective from Tuesday the 13th of October the Withholding Tax values have changed. The Federal Government announced that they brought forward the changes to the PAYG tax tables, which were scheduled to occur as of 1 July 2021, as a further response measure to assist Australians with the financial implications of the COVID-19 virus. Many income earners will receive more take home net pay from October onwards. The tax changes will have retrospective effect back dated to 1 July 2020, so some income earners may also receive a tax refund when they complete their 2020/2021 tax return after 30th June 2021.
August 20, 2020
In light of the heightened restrictions in Victoria the government have released changes to the JobKeeper scheme to allow for more Australian businesses and employees to join.
June 21, 2019
The Fair Work Commission has announced a 3.0% increase to minimum wages. The new national minimum wage will be $740.80 per week or $19.49 per hour. The increase applies from the first full pay period starting on or after 1 July 2019.
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"Integrated Payroll has been the outsourced payroll service, covering Australian States and NZ, to our company for five years.
They can be summed up as follows;
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Torque Control Specialists Pty Ltd (Norbar Torque Tools) - Greg HAYES Financial Accountant