Payroll

/Payroll

How to Set Up Single Touch Payroll

By | 2019-03-21T06:59:46+00:00 March 21st, 2019|Categories: ATO, Employees, Payroll, Regulations, Restaurant Bookkeeping, Superannuation, Tax|

What is STP (Single Touch Payroll)? Set up Single Touch Payroll now! From 1 July 2019 all businesses will need to be electronically connected to the ATO to report employee payroll. You can't avoid getting on board because this is law.  It is a government initiative aimed at streamlining business reporting to the ATO. Therefore, your [...]

Understanding Public Holiday Pay Rates – When and How Much to Pay Which Staff

By | 2019-01-21T06:24:34+00:00 January 21st, 2019|Categories: Payroll|

Payroll is arguably one of the most confusing aspects of running a business. It gets even more complicated when you throw public holiday pay rates into the mix. Public holidays are a part of Australia’s National Employment Standards (NES) and as such, workers are entitled to be absent from work (either for a full day or [...]

Navigating Single Touch Payroll for cafes and restaurants

By | 2019-01-14T06:12:06+00:00 January 14th, 2019|Categories: ATO, Payroll, Restaurant Bookkeeping|

Australia has reached a new milestone in digital bookkeeping with the passing of the legislation for Single Touch Payroll reporting earlier this year (STP). Starting July 2018, companies with employee headcount of 20 or more were required to implement single touch payroll reporting through payroll or accounting systems. And now, after months of uncertainty  for small [...]

Tips To Find The Correct Payroll Award For Restaurant Employees

By | 2018-07-29T23:31:22+00:00 July 24th, 2018|Categories: BAS, Employees, Payroll|

Running a payroll for a busy restaurant, cafe or takeaway can be daunting for a new business owner. There’s a lot of compliance with superannuation and PAYG tax. Add to that, trying to decipher the complex Fair Work awards for the food industry and you’ve got a big job on your hands. Read on for tips, [...]

Single Touch Payroll Is Coming To A Restaurant Near You

By | 2018-06-05T06:58:36+00:00 May 14th, 2018|Categories: ATO, Employees, Payroll, Superannuation, Tax, Uncategorized|

SINGLE TOUCH PAYROLL IS COMING TO A RESTAURANT NEAR YOU Look out for Single Touch Payroll. Over time, hospitality employees have been paid in many forms: in kind, cash, booze, meals, cheque or direct transfer to a bank account.  Managing a hospitality payroll can get messy and difficult to reconcile correctly. You find yourself paying the [...]

What Are BAS and GST?

By | 2017-07-31T01:31:25+00:00 July 4th, 2017|Categories: ATO, BAS, GST, Ideas, Payroll|Tags: , , , |

Opening a new restaurant or cafe? Then you need to understand your business tax and reporting obligations. BAS Definition for Restaurant Bookkeeping BAS stands for Business Activity Statement. Business owners such as restaurateurs must submit this form to the ATO (Australian Taxation Office) to report their GST (Goods & Services Tax) and PAYG (Pay As [...]