Understanding Australian Payroll: For Accountants, Bookkeepers, and Payroll Providers

Providing payroll services to Australian business can be complex, especially if you’re dealing with multiple clients in various industries, using unique modern awards and agreements.

What’s in this Australian payroll guide?

Whether you’re an accountant, bookkeeper, or outsourced payroll provider, it’s crucial to stay up to date with the latest legislation.

This quick guide covers the key components of Australian payroll including:

• Important legislative updates

  The latest updates on Australian payroll legislation

• Single Touch Payroll

  STP and the impacts of STP Phase 2

• Payroll Tax

  How payroll tax works and the threshold to be aware of

• Modern Awards

  What are modern awards and how are they applied in complex scenarios

• Employment Leave Laws

  Types of leave determined by the National Employment Standards

• Record Keeping

  The requirements of record keeping and the type of documentation your clients need to keep

• The Benefits of Payroll Software

  Learn about the ways in which payroll software can help to manage payroll complexities and minimise manual work

Disclaimer: The information in this guide is current as at 11 July 2023, and has been prepared by Employment Hero Pty Ltd (ABN 11 160 047 709) and its related bodies corporate (Employment Hero). The views expressed in this guide are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. Some information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising directly or indirectly as a result of reliance on, use of or inability to use any information provided in this guide. You should undertake your own research and seek professional advice before making any decisions or relying on the information in this guide.