Affordable Bookkeeping Solutions for your Small Business
By 27 September 2021, employers (other than small business employers) need to assess whether any existing casual employees employed prior to 27 March 2021 are eligible to be offered permanent employment.
For more information, click here to visit the Fair Work website.
From 1 November 2021, you will have an extra step to take if you have new employees who start and they don’t choose a super fund.
You may now need to request their ‘stapled super fund’ details from the ATO.
A stapled super fund is an existing super account of an employee that follows them as they change jobs.
This change aims to stop your new employees paying extra account fees for unintended super accounts set up when they start a new job.
To find out more, click here.
From today, the super guarantee (SG) rate will rise from 9.5% to 10%.
If your small business has employees, you will need to update your payroll and accounting systems to incorporate the increase.
The super rate is scheduled to progressively increase to 12% by July 2025.
Fair Work has included a great workplace knowledge quiz on their website. It covers a series of different topics and modules.
Click here to test your workplace knowledge and download your certificate once complete.
Interested in other Fair Work online training sessions? Click here to view.
The Government has introduced the JobKeeper Payment scheme as a temporary subsidy for businesses significantly affected by coronavirus (COVID-19). Eligible employers, sole traders and other entities can apply to receive $1,500 per eligible employee per fortnight.
General eligibility for small business to receive the JobKeeper payment is as follows:
Once you have established eligibility, you must enrol for the JobKeeper payment. You must also determine if your employees are eligible to receive the JobKeeper payment.
Sole traders and eligible business participants may also qualify.
Need a hand with everything JobKeeper? Book a Chat with us to see if you are eligible. Don’t delay. Get this done by 31 May 2020.
There have recently been changes to Australian Workplace Laws because of Coronavirus. Please refer to the Fair Work website for updates regarding these changes and the JobKeeper scheme.