Payroll Basics

June 11, 2015

An Overview of Payroll in Australia

Australia is noted to be a haven for companies who wanted to grow internationally because it provides a lot of business opportunities. Australia has a strong economy and low unemployment rate. Companies that would expand business in Australia can establish their presence in the other side of the globe without experiencing cultural and language barriers usually associated with hiring employees from other countries. For companies to leverage the benefits available to businesses in Australia they have to have knowledge with the payroll system including the TAX System. Since Australia has a pay-as-you-go (PAYG) system for income tax. This will allow employers to retain amount due for tax from their employees paychecks. The tax table is not the same in all […]