An employee is being terminated and is being paid out a number of months salary as part of the termination.
The paid parental leave scheme originally commenced on 1 January 2011. Under this scheme, eligible persons are entitled to a maximum of 18 weeks of government funded paid parental leave at the national minimum wage (currently $640.90 per week or $16.87 per hour).
It is critical to ascertain whether a worker is an employee or a contractor for income tax and superannuation guarantee purposes. The law generally requires a substance over legal form approach; consequently, there is a plethora of judicial and administrative (Tax Office) guidance but no hard and fast rules
When a new employee commences work, it is the employers’ responsibility to: • provide the employee with a TFN declaration form • ensure the employee completes the employee section • complete the payer section • send the form to the ATO within 14 days of when employment begins. If the payee does not give the […]
In the recent case, Australian Municipal, Administrative, Clerical and Services Union v Fairfax Regional Media – Newcastle Newspapers (Herald)  FWC 5631, the Fair Work Commission has determined that past casual service is not to be counted towards the period of continuous service for the purposes of calculating redundancy entitlements for former employees of the […]
Council has received a query regarding a reportable FBT amount from an employee who has received expense payment fringe benefits relating to reimbursement of HECS/HELP fees.
In an earlier article this year we alluded to the risks in using or acting as a payroll provider that does not hold tax agent registration or BAS registration through the Tax Practitioners Board. Now following requests from key stakeholders in the Australian payroll industry, the Tax Practitioners Board (TPB) has released an exposure draft […]
Is a shared car that is allocated to one driver but shared from time to time for the private use of another driver while the main driver is on leave (i.e. taking it home for 2 or 3 nights at a time a few times a year while the main driver is on leave) considered […]