SALARY SACRIFICE ON TERMINATION
Question Can an employee salary sacrifice their annual and/or long service leave upon termination to superannuation? Answer No. To be an effective salary-sacrifice for termination
Question Can an employee salary sacrifice their annual and/or long service leave upon termination to superannuation? Answer No. To be an effective salary-sacrifice for termination
Q/ Our warehouse had its annual stocktake last Thursday and Friday. We required over 30 employees be ‘stood down’ during this time as there was
1. Do I have to show leave balances on the payslip? 2. Do I have to show the Award or classification on the payslip? 3.
The ATO has released its compliance focus for 2013–2014. For employers, it will be focussing on four main areas that can affect payroll staff: correct
Q/ This financial year we will have 53 weekly (or 27 fortnightly) pay periods. What should we tell employees about this? A/ Occasionally in your
Q/ We currently pay superannuation on our tool and fixed rate car allowances based on advice from the ATO we’ve had in the past. However,
For the 2013/14 income tax year there are no changes to the income tax rates or thresholds, therefore most tax tables currently used by employers
Tax-free Threshold for Redundancy Payments From 1 July 2013, the tax-free threshold for redundancy payments is as follows: $ 9,246 (formerly $8,806 for 2012-2013); plus
Q/ Can employees salary sacrifice their cashed in leave? A/ This is quite complicated – and the practical answer is “possibly not” This is a
Q/ Our General manger has asked why we should accrue LSL on-costs from day one? If you have any supporting documentation/website link that you can