What you need to know in relation to Single Touch Payroll (STP)

Overview: From 1 July 2019 all employers will be required to report under Single Touch Payroll Micro-employers will be eligible for a 2 year transitional period through which they are able to report the payroll amounts quarterly if lodged via a tax agent Businesses using older desktop accounting software packages will need to update to […]

How to process a WorkCover payment to your employee in Xero

Inevitably, most businesses will have a situation where they have an employee who has filed a Workers Compensation claim.  Recently this happened to one of our clients.  After searching for ages as to how to go about processing the pay, we thought we would document this all here so you can follow these instructions. Normally, […]

How to process a Redundancy/ETP in Xero

Xero has come a long way over the last few years, and now offers the ability to process a redundancy pay in Xero and/or a redundancy with an ETP. Here is a worked example: Kate has worked for XYZ Pty Ltd for just over one year.  Kate is made redundant and this is considered a […]

Xero and Single Touch Payroll – how will it work?

Effective 1 July 2018 all Australian employers considered a large employer (those with more than 20 active employees as at 31 March) are required to enrol in the Single Touch Payroll system (STP). If your business is a Xero user, here is the information you need to know: Xero has applied for a blanket deferral […]

Xero Employee Portal | Xero My Payroll

Did you know that Xero has an employee portal where employees can: View past payslips Apply for leave Get a copy of their year end PAYG summary Ensure that personal details are correct Prepare and submit timesheets Setting up the employee portal is very easy. The first step is to issue your employee with an […]