Annualised Salary changes.
Is your business compliant?
If you pay any of your staff a salary, it’s likely you may have new legal obligations regarding how salaries should be calculated and reported upon. These new obligations were introduced by Fair Work in 2020 and the deadline to comply with them is March 1st this year.
Failure to comply can result in substantial fines for both businesses and their management, including criminal prosecution in certain states.
Sage can help you achieve compliance in as little as 2 days*
Take this quick Annualised Salary Compliance Assessment to understand if your business is impacted.