Is Payroll Getting Too Hard To Handle?
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  Running Time: 7:39 Date: 27/09/2012 Rules, rules, rules. Payroll used to be a chore, now it's a nightmare The payroll function has never been much fun but with the introduction of the Fair Work Act, and the changing rules about what we should or shouldn't do to comply, payroll is becoming a minefield for the unwary. And a lot of people are making simple mistakes, according to Darrell Weekes, who offers plenty of examples of where we're getting it wrong, with some reminders about the penalties we face when we do. Did you know, for example,thata business could face a $30,000 fine for non-compliance, while an individual could be up for a $6,000 fine? That's serious money, yet recent research by Attache Software reveals that about 73% of businesses are non-compliant with the Fair Work Act.And wait, then there's theproposed Super Stream legislation which will just add to the payroll headache. Topics: Accounting & Tax, Business Processes, Financial Management |
 Darrell Weekes, Attache Software Australia |