Abdera Business Services

expanding your business

Look forward with payroll services and HR

You are here: Home / Look forward with payroll services and HR

We don’t need to tell you that payroll and HR is complex, ever changing and important for recognising your valued employees. You need reliable payroll services like Abdera to relieve the burden so you can concentrate on your job, your business and look forward.

Whatever your business’s payroll and HR needs are, dial in, dial out, our payroll services as your business needs change. From our long list of services, choose exactly what your business needs now – and when and if this changes, well, we’re here to support you.

Payroll services

Regular on time processing and reconciling of payroll including timesheets and payslips. Stay on top of all award, entitlement and salary changes, ensuring compliancy and accuracy.

Payroll reporting

The information you need to see your costs, pinpoint where savings can be made to make great business decisions. Easily conduct ‘what if’ scenarios to grow your business.

Superannuation

Record and organise superannuation payments, superannuation maintenance and setup for new employees.

Single touch payroll

Single Touch Payroll (STP) is the new way of reporting tax and superannuation to the ATO. Get on board and stay compliant.

Single Touch Payroll (STP) requires employers to report all salary and wages, PAYG withholding (tax) and superannuation information directly to the Australian Taxation Office (ATO) at the same time as paying your employees.

The Australian Taxation Office (ATO) introduced Single Touch Payroll to streamline the administration of employee payroll, tax and superannuation obligations.  The STP reporting facility is available through most accounting and payroll software packages including Xero, MYOB, Netsuite, Quickbooks, SAP.

STP was introduced in 2018 for employers with 20 and more employees. It will be compulsory for all businesses to report through STP by 1st July 2019.

It is Withholding Payment Number – used for non resident entity who is employing in Australia. We have a more in-depth article on WPN.

STP started on 1 July 2018 for employers with 20 or more employees and 1 July 2019 for employers

with 19 or fewer employees and is a mandatory obligation.

The mandatory start date for Phase 2 reporting is 1 January 2022, and other stages will be

completed by 31 st December 2022.

The extension of STP Phase 2, will reduce reporting burden for employers who need to report
information about their employees to multiple government agencies. This will save time for

employers.

There is now a requirement to separate the components of gross earnings to assist employees with
their tax return deductions eg allowances, paid leave, overtime, salary sacrifice etc
Other information reported is employee’s basis of employment eg full time, part time, casual, reason

for employees termination.

Leave entitlements

Maintenance and reporting of employee leave entitlements, so you can see your liabilities and minimise any surprises.

HR

Ensure your business is compliant with all employees, contracts are in place under Fair Work agreements, establish HR policies, templates and procedures, and reporting to head office and management.

Non Residents

If you are a non resident company and are not carrying on business in Australia, and want to hire a person for your company, you will need to register a Withholding Payment Number (WPN).

Insurances

Set up relevant business insurances including workers compensation, finding the right cover your business needs.

Our personalised payroll services help you establish good payroll cloud-based systems to uncomplicate it and make it easy to grow and prosper. We pay particular attention to security and always protect your data during each step of every transaction.

Look forward to payroll services and HR consulting with Abdera; designed to help your business with its most important asset – your people! We can assist with your Australian subsidiary or as a non-resident who want to employ a person in Australia.

Get in touch now and see how we can improve your payroll from day one or combine with other services such as accounting outsourcing or Virtual CFO services.

Call us on +61 2 8916 6259 or contact us to get the conversation going.

Schedule a Consultation Find out how can we Help?