Each of our seminars covers the following topics:
- The Pay As You Go (PAYG) Withholding System
- Payment Summaries
- The Federal Industrial Relations System ('Fair Work')
- Lump Sum Payments on Termination (ETPs)
- Workers' Compensation
- The Superannuation System
- Fringe Benefits Tax (FBT)
- Payroll Tax
- Overview of the Goods & Services Tax (GST)
- The Business Activity Statement (BAS)
A break-down of each of these topics is below.
The presenter was very thorough and clear. (Easy to understand something the ATO makes complicated.) Thanks!
... AJ, Sydney, NSW
... AJ, Sydney, NSW
The Pay As You Go (PAYG) Withholding System
- Registering for PAYG Withholding
- Completing TFN & Withholding Declarations
- Employer Obligations
- Paying Salary & Wages
- Rates of income tax
- Medicare levy
- Taxing specific workers
- Non-resident Employees
- Employees with a HELP debt/SFSS loan
- Short term or seasonal workers
- Volunteers etc
- Taxing specific Payments
- Financial year contains extra pay day
- Annual & long service leave
- Bonuses and commissions
- Allowances
- Reimbursements
- Back pay
- Overpaid amounts
- Workplace giving
- Child support
- Labour hire arrangements
- Voluntary agreements
- Withholding from suppliers who do not quote an ABN
- Non cash benefits
- First home saver accounts
- Paid parental leave scheme
- Applying to reduce withholding
- Who is an Employee
- Independent Contractors: Written agreements
- Reporting on the BAS/IAS
- Remitting PAYG Withholding
- PAYG Instalments
- Penalties
Payment Summaries
- Types of Payment Summaries
- Issuing a Payment Summary
- How to complete the Individual Non-business Payment Summary
- Other payment summaries - Business and Personal Services Income
- Foreign Employment Income
- Withholding where ABN not quoted
- Annual Reporting
The Federal Industrial Relations System ('Fair Work')
- Transitional arrangements
- Who is and who is not covered
- Status of Modern awards, Notional agreements (NAPSA's)
- Federal Awards
- Division 2B (state referred) awards
- On-line access
- What is PayCheck?
- Agreements & contracts
- Enterprise Agreements
- Common Law Contracts
- Prohibited agreements
- National Employment Standards (NES) including Maximum weekly hours
- Requests for flexible working arrangements
- Parental leave and related entitlements
- Paid Parental Leave Scheme
- Annual leave
- Personal/carer’s leave and compassionate leave
- Community Service Leave
- Long Service Leave
- Public holidays
- Termination of employment & redundancy pay
- Fair Work Information Statement
- Statutory Bodies
- Unfair Dismissal Laws
- Worker records
Lump Sum Payments on Termination (ETPs)
- Holiday pay
- Long service leave
- Tax free amounts
- Bona fide redundancy
- Tax-free portion (lump sum D)
- Employer Termination Payments (ETPs)
- Transitional ETP's
- Transitional ETP arrangements
- Components of an ETP
- Taxing ETP components
- Which forms are used
- Eligible service period
- Lump sums on invalidity or death
Workers' Compensation
- Who is a worker?
- What is remuneration for workcover purposes
- Accident records
- Wages declaration
The Superannuation System
- Minimum level of superannuation contribution
- Deadlines for superannuation contributions
- TFN's and superannuation funds
- The Superannuation Guarantee charge
- Employees for whom superannuation does not have to be paid
- Other exceptions
- What payroll is counted
- Super liability on certain payments
- Treatment of certain workers
- Limit to which contributions are taxed by the fund at a lower tax rate
- Maximum quarterly contribution base
- Choice of funds
- Superannuation and salary sacrifice
- Reportable Employer Superannuation Contributions (RESC)
- Non-residents & superannuation
- Splitting superannuation contributions
- Superannuation co-contributions
Fringe Benefits Tax (FBT)
- Salary sacrifice and FBT
- Registration, assessment and payment of FBT
- Classifying fringe benefits
- Employee contributions
- New gross up rates
- Record keeping
- Declarations
- FBT treatment of specific items eg. motor vehicles, novated leases, loans/debt waiver, expense payments, housing, entertainment expenses, meals etc.
- Rebatable employers
- Exempt employers
- Exempt benefits
- The "Otherwise Deductible" rule
- Concessions
- Uniforms
- Reportable fringe benefits
- Reporting FBT on the BAS
Payroll Tax
- Payroll tax harmonisation
- Exemptions and rebates
- Registration
- Grouping of employers
- Thresholds & rates
- What are wages
- Payments to contractors
- Monthly and annual returns
- Reduction of thresholds
- Calculation of payroll tax payable
- Assessable for payroll tax?
Overview of the Goods & Services Tax (GST)
- Exclusions & inclusions
- Registration
- How does the GST work
- Taxable supplies
- Creditable acquisitions
- Attribution rules
- Making adjustments
- GST-free supplies
- Input taxed supplies
- Invoice requirements
- Remitting GST
- Simplified Accounting
- Imports
- Treatment of specific items - motor vehicles, leases, hire purchase, secondhand goods, property etc.
The Business Activity Statement (BAS)
- How is a BAS completed
- Form format
- Due dates
- BAS reporting options
- Accounts method
- Calculation sheet method
- Correcting mistakes
- GST groups
- GST branches
- Taxes, fees and charges
- The BAS & lease/hire purchase agreements
- Treatment of a loan
- Payment methods