AUSTRALIAN UPDATE & EOY 2022 WEBINAR

Over two x 3-hour webinar sessions provided on the 27th May 2022 and 3rd June 2022 the latest payroll update information and EOY information will be covered.

Participants will get webinar notes, additional links and references and the ability to ask questions after the session. The session will be recorded and can be access for a period after the session.

Session 1 – Update Session (27th May 2022, 1pm to 4pm)

  • Detailed review of developments in payroll at Federal and State level
  • The Federal Budget and election
  • Latest on superannuation
    o Increase in the super rate
    o new concessional limit impact
    o 30th June cutoff rules explained
  • STP Phase 2
    o Critical areas to review
    o How to code common payments
  • Industrial relations highlights
    o Latest FWO and court decisions
    o Unclaimed wages
  • Federal Government proposals

Terminations

This session will concentrate on reviewing employee entitlements and the main calculations with a focus on

  • What must be paid and values used
  • Redundancy calculations
  • Employment termination payments – classification and taxing
  • Long Service Leave payments
  • Salary packaged staff – how to calculate final entitlement values
  • STP phase 1 and 2 compared
  • Checklist provided of tax treatment of all termination components

Detailed examples and Case Studies will be used to ensure participants understand the practical application of what is discussed.

Session 2 – Year End Processes (3rd June 2022, 1pm to 4pm)

  • STP completion
    o
    What goes where and why
    o Treatment of allowances
    o Underpayment and overpayment impacts
    o When you can still use Payment Summaries
    o Employee queries – answers to the common questions they ask
  • Reportable Fringe Benefits
  • Reportable Employer
    Superannuation Contributions
  • Payroll and Work Cover Returns
    o
    What is included as wages
    o Treatment of Fringe Benefits
    o Exemptions to be aware of
    o Interstate and overseas worker wages – when to declare and where
    o Modifications made to accommodate work from home

Cost:

  • NZPPA member: $625 + GST
  • NZPPA non-member: $875 + GST

Additional attendees 25% off second attendee onwards

Member Price: NZ$625.00 + GST
Non-member Price: NZ$875.00 + GST

If you are an NZPPA Member, logon to get member pricing