By choosing to outsource your payroll needs to us, you will be taking away the hassle from managing your employee payroll and salary packaging so you can focus solely on your business and customers.
Single Touch Payroll Phase 2 (STP) is here now. All businesses must be compliant as of January 1, 2022. It’s the new mandatory process of reporting to the ATO, tax and superannuation information. STP will allow employees to view their year-to-date information via their myGov account, through the ATO online services.
Features of our services include:
- Single Touch Payroll (STP) reporting directly to the ATO
- Electronic payment of wages and salary packaging money
- Award tracking and EBA compliant
- Digital timesheets and payment slips
- Monthly reporting compliant with taxation and superannuation legislative requirements
- Super stream compliant
- Real time leave balances
- Termination payments
- Paid parental leave
- Bookkeeping
- Data Entry
- BAS preparation and submission
- Liasing directly with your accountant/bookkeeper
Why Salary Package?
Salary Packaging is a smart way to maximise your taxable income by allowing you to pay for certain expenses from your salary before tax is taken out.
We offer Salary Packaging to all aged care, disability, not for profit organisations, hospitals and community health care small or large.
Regional Payroll offers a cost effective method of funds transfer and an administration service ensuring correct payments are made within the legal framework of Fringe Benefit Legislation.
Reportable Fringe Benefit Tax (capped limits)
Payments must go towards a debt with some of the most common expenses include credit card repayments, loan repayments, mortgage repayments and rental payments. Speak to us to find out more.
Non-Reportable Fringe Benefit Tax Exemptions
Payments may go towards Meals Entertainment expenses and Remote Area Housing (RAH). This benefit is not included as part of your capped salary amount. Speak to us to find out more.