Our latest insights

Businesses may be at risk if they fail to understand the different tax, super and other obligations for employees or contractors.

From 1 July 2026, employers will need to pay superannuation for their employees on the same day they pay the salary and wages to which it relates.

During the FY23 financial year, our Employment solutions team highlighted key updates, issues and ATO review activity that finance and payroll leaders need to be across in a series of webinars, seminars and insights. Here we’ve summarised some of those key items which remain relevant as we approach FY24 including fringe benefits, single touch payroll, superannuation guarantee, employee vs contractor and employee share schemes.

New legal precedent (Federal and State case law), data matching initiatives and a trend towards a hybrid working arrangement influenced by the gig economy, have led to an increase in ATO and State Revenue Office scrutiny around the engagement with contractors by employers.

Both the ATO and the State Revenue Offices have a number of focus areas putting employment taxes squarely on the agenda again.

Recently passed by Parliament is the Treasury Laws Amendment (More Flexible Superannuation) Bill 2020.

FBT returns are due to be lodged in a few short months. To be on the front foot, listen to our one-hour free webinar as we discuss the latest updates on your critical employment tax obligations, including those that have come into play as a result of the COVID-19 situation.

2019 has been an interesting and challenging year for businesses, both large and small. As well as grappling with a weakening economy and an unsettled global trading environment, one consistent theme that stands out in Australia is an increased focus on employment tax compliance, with a raft of law changes, audit activity and landmark cases.

The Federal Government delivered its pre-election Budget in May, and the key winners were older Australians, suppliers to infrastructure projects and small business – just to name a few.