ClockOn’s Support Manager, Matthew Abbott, explains the changes that we have introduced into the ClockOn system to enable you to meet the ATO’s new STP requirements
Payroll tax is a state-based tax imposed on businesses when their total wages exceed a certain threshold. It’s calculated on wages paid to employees, including salaries, superannuation, allowances, bonuses, and some contractor payments.
Leave loading is an additional payment made to employees when they take annual leave, intended to compensate for the potential loss of income from not receiving regular overtime or penalty rates during their time off.
