• ICB

Superannuation Increase and Payroll | Minimum Wage Increase| Business Portal Retires at End of July

  • 10% Super Guarantee (SG) Rate applies to all payroll "paid" on or after 1st of July so Payroll Software setup will have to be changed before any pay is processed to ensure the 10% rate is applied properly.

  • On 16th June 2021, the Fair Work Commission's announced that the national minimum wage, and minimum wages set out in modern awards, will increase by 2.5%.

  • The ATO is replacing the Business Portal with a new, contemporary system - Online Services for Business (OSfB) If you use the ATO Business Portal you have until the end of July to switch to Online Services.



July-Customisable-eBrief-2021
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