ClockOn Blog

In-House Payroll vs Outsourced Payroll: Which Is Best for Your Business?

When managing payroll, businesses have two main options:

In-house payroll: You build and manage a payroll team internally.
Outsourced payroll: You hire a third-party provider to handle payroll for you.

But which option is the best fit for your business? Let’s break it down.

8 Reasons to Outsource your Payroll

Operating a modern-day business is becoming more and more complicated. The tax-man wants more visibility on who, what, where and when your business pays your employees and contractors, resulting in a myriad of complications in relation to your payroll process. However, by considering payroll outsourcing, businesses can focus on their core competencies and let the experts handle these new complexities and compliance issues.

Let's first understand the following...

By ClockOn Australia

In: Payroll

Single Touch Payroll: Changes From 1 July 2021

Australian Taxation Office (ATO) has confirmed that from 1 July 2021, all small employers will have to register for Single Touch Payroll (STP). This published fact sheet contains all the necessary details and information related to single touch payroll for employees.

By ClockOn Australia

In: Payroll