Definitiv Insights & Resources

December 10, 2020 | Tax | Tips

Payroll tax relief update

With COVID-19 still impacting Australian businesses and with the next round of JobKeeper payments rolling out, most state governments have

July 30, 2020 | Blog | Tips

Upward variations and pay cycles in a financial year

More often than not, if you pay on a weekly or fortnightly basis, you will have 52 and 26 pay

April 29, 2020 | Tips

Employment termination payments (ETPs) in detail

On termination, an employee may be paid a lump sum payment referred to as an employment termination payment (ETP). What

February 20, 2020 | Tips

How do I prevent returned super contributions?

More often than not, when an employee changes super fund, they forget to inform their payroll team until it’s too

January 16, 2020 | Tips

What are the changes to the genuine redundancy rules in relation to pension age?

The Australian Government announced with the 2018-2019 Budget changes that it was extending the concessional tax treatment of genuine redundancy

December 16, 2019 | Tips

What is the Protected Earnings Amount?

When it comes to child support, did you know deductions are not to be taken from an employee’s or contractor’s

November 14, 2019 | Tips

Super contributions & the work test

When it comes to super contributions, employees between the age of 65 and 75 years old are subject to the

October 22, 2019 | Tips

Cashing out annual leave

When an employee cashes out annual leave they receive a payment for the annual leave instead of taking it as

September 16, 2019 | Tips

Superannuation on annual leave loading

Until recently, whether superannuation had to be paid in respect of annual leave loading was in all words; confusing. Thankfully,

August 21, 2019 | Tips

What is the MSCB?

The MSCB or Maximum Super Contribution Base is used to determine the maximum limit on an individual employee’s earnings base