Superannuation increases to 11%

ATO, Super

Superannuation guarantee is set to increase from 10.5% to 11%. This will take effect from 1 July 2023. The super rate is legislated to increase to 12% by 2025. If the rate you pay your nanny is inclusive of superannuation, this will decrease the rate of your nanny’s...

Single Touch Payroll – update

ATO, Single Touch Payroll, STP

Individual household employers, hiring through a Withholding PAYG Number (WPN) were due to start the compulsory Single Touch Payroll (STP) compliance as at July 1 2022. This has just been extended up to 2033. So if you are employing your domestic staff as an...