Super News

The consequence of payroll errors

Posted in Penalties / ATO, Tax

The awards system in Australia is very complex, and a spate of recent cases has illustrated the importance of having detailed documentation around employment contracts and timesheets as well as good quality payroll software. Poor payroll systems can result in significant underpayments of both wages and superannuation guarantee (SG).

Click here to read Tactical Super Director Deanne Firth’s full article in Accountant’s Daily.