If you’re in the market for payroll software, you might be wondering which one to choose. With so many options available, it can be challenging to figure out which one suits your business’s needs. ClockOn understands that every company has unique payroll needs, which is why we’re committed to providing a tailored service and package to each of our clients. 

A payslip is a summary of a payment made to an employee. As an employer you're required by law to provide your employees with a payslip each time a payment is made.

A payslip can be provided to an employee in paper or electronic form and has required information such as employee name, employer name, ABN, gross and net amount of payment to name just a few.

If you follow the news within Australia, you’ve undoubtedly heard the stories of businesses underpaying their staff. Sometimes, this underpayment is a chronic, ongoing issue within a business’s payroll, leading to years and years of unpaid wages.

Some recent examples include;

ClockOn’s free payroll software continues to support small Australian businesses with everything they need to manage payroll and meet ATO requirements.

With over two decades of experience in workforce management, we understand the pressure small businesses face when it comes to payroll compliance. That’s why our ClockOn Starter package is designed to remove barriers, offering an easy, effective, and compliant payroll solution at no charge forupto12months.

As per the 30th of March 2020, the Australian Government has created the JobKeeper payment subsidy.

The Rising Need to Track Employee Hours

The fast-paced world of business demands precision. In the age of digital transformation, businesses are looking for efficient ways to track employee hours. The accuracy of this process isn't just a matter of paying employees correctly; it's about compliance, productivity, and financial integrity.

STP is new way of reporting tax and super information to the ATO. Businesses with 20 or more employees already report this way but, on 1 July 2019, it was expanded to include employers with 19 or fewer employees. The information is sent to the ATO either directly from your payroll software, or via a third party provider.

Earlier, it was confirmed by the Australian Taxation Office (ATO) that from 1 July 2021, all small employers will have to register for Single Touch Payroll (STP). This published document consists of all the critical information related to single touch payroll for employees.

In this blog, we have clubbed together all the necessary guidelines related to ATO single touch payroll reporting including exemption details, benefits, reporting options, software solutions, and more.