News for employers
The way tax is calculated on salary and wages has changed and may affect you as an employer.
From 1 July 2017 the:
- Medicare levy low-income threshold increased;
- Temporary budget repair levy has been removed.
Did you have employees this financial year?
Also remember, if you hired employees during the last financial year, you must:
- have issued payment summaries to employees by 14 July 2017
- lodge your payment summary annual report by 14 August 2017.
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