ATO, Nanny News, Single Touch Payroll, STP
From July 1, Single Touch Payroll (STP) starts for employers with less than 20 employees. STP is a new way of reporting tax and super information to the ATO. This will be done each time you run a payroll, the details of the payslip will be sent to the ATO...
ATO, Employee Entitlements, Miscellaneous Award
From 1 January 2017 tax rates are changing for working holiday makers who hold 417 and 462 visas. These rates are known as working holiday maker tax rates. What you need to do If you employ a working holiday maker who is in Australia on a 417 or 462 visa, you:...
ABN Contractors, ATO, Miscellaneous Award
Source: ATO Website Date: 11 July 2016 Stating in a written agreement that your worker is a contractor doesn’t mean they are, nor does it protect you from potential penalties for getting it wrong. This is a myth. The fact is, if your worker is legally an employee,...
ABN Contractors, ATO, Miscellaneous Award
Whether a nanny is a contractor or employee can be complicated, and ultimately only a court can determine if someone is a contractor or employee. The ATO ( Australian Taxation Office) website has some general information on the differences between independent...
ABN Contractors, ATO, Employee Entitlements, Miscellaneous Award
So you have recently hired a nanny who says they have an ABN number, allowing you to skip the whole annoying expensive time consuming matter of becoming an employer and paying them as a contractor. Be aware that in the long term, it may not be so simple. The...
ATO, Employee Entitlements, Miscellaneous Award
The Australian Tax Office crackdown on contractors claiming to be business entities to gain a tax advantage has been extended to nannies and nanny agencies operating in cash or contractor roles. Now more than ever it’s imperative to ensure you are paying your...