Latest News
Update To PAYG Tax Rates
October 20, 2020
Effective from Tuesday the 13th of October the Withholding Tax values have changed. The Federal Government announced that they brought forward the changes to the PAYG tax tables, which were scheduled to occur as of 1 July 2021, as a further response measure to assist Australians with the financial implications of the COVID-19 virus. Many income earners will receive more take home net pay from October onwards. The tax changes will have retrospective effect back dated to 1 July 2020, so some income earners may also receive a tax refund when they complete their 2020/2021 tax return after 30th June 2021.
JobKeeper Update
August 20, 2020
In light of the heightened restrictions in Victoria the government have released changes to the JobKeeper scheme to allow for more Australian businesses and employees to join.
Award Rate Increase Applicable 1 July 2019
June 21, 2019
The Fair Work Commission has announced a 3.0% increase to minimum wages. The new national minimum wage will be $740.80 per week or $19.49 per hour. The increase applies from the first full pay period starting on or after 1 July 2019.
End Of Financial Year Infomation And Reminders
June 07, 2019
Dear Clients, We recently sent out the End Of Financial Year Notice. Please read on for a copy of the full notice. Please ensure you respond with your requirements by Sunday 9th June. Thank you.
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Outsource your payroll for as little as $2.85 per person per pay. Easy, hassle free, peace of mind so you can focus on your business.
We would love the opportunity to see how we can assist your business.
Testimonials
Promat Australia Pty Ltd has shared a long association with IPS and has always found them to be highly professional, prompt and attentive. They will always go the extra mile to ensure that all your payroll needs and requirements are met.
Promat Australia Pty Ltd - Gregg Hammond Manufacturing Accountant/HR
