You've run the EOFY race and crossed the finish line!

Here are some helpful links to assist you when commencing your 2022 Payroll Marathon!

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2021-22 Employer Super Guarantee increase

The 2021 Budget confirmed that the mandatory Employer Superannuation Guarantee increases to 10.00% from 1 July 2021.

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2021-22 Study and Training Support Loans

The Government has announced that Study and Training Support Loan Rates and Thresholds have been increased for FYE 30 June 2022.

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2021-22 National Minimum Wage Increase

The Fair Work Commission has announced there will be an increase to the National Minimum Wage from 1 July 2021 and an increase to modern award rates from either 1 July 2021, 1 September 2021, or 1 November 2021 depending on the modern award that applies.

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Closely Held Payees included in STP Reporting from 1 July 2021

From 1 July 2021, amounts paid to closely held payees must be reported either on or before the date of payment or quarterly (when your activity statement is due).