Payroll

Arabon Accountants Federal Budget Wrap Up

Australian Federal Budget 2020-21 Wrap Up

The 2020-21 Federal Budget has been described as the most anticipated in our history defining its post-COVID road to recovery despite the country experiencing its worst economic conditions since World War 2.  In this article we sift through the federal budget’s contents and what they mean for our nation’s SMEs. Personal income tax cuts The …

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Arabon Business Accounting modern award changes

Modern award changes and annualised salary arrangements

Following a decision of the Full Bench, the Fair Work Commission has finalised arrangements for modern award changes including the insertion of new annualised salary clauses into several modern awards with effect from 1 March 2020. These changes introduce important new practices for HR and payroll aimed at reducing “wage theft” and non-compliance with awards. …

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Arabon Business Accounting Payroll Compliance

Top tips for best practice payroll compliance

Payroll is a workplace function that usually occurs in the background and simply just “happens.”  Any business who adopts these top tips for best practice payroll compliance, should find that payroll is invisible to the rest of the business. It does however remain one of the most preventable areas of risk for many businesses. With …

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Arabon Business Payroll Policies Procedures

The importance of employment contracts, workplace policies and procedures

An employment contract is an agreement between an employer and employee that sets out the terms and conditions of employment.  It is not necessary to specifically agree on a contract for one to exist. The fact that an employee starts work for an employer brings with it certain fundamental implied terms, such as the right …

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