Working on a public holiday If any employees work on a public holiday they are entitled to be paid at time and a half, plus get an alternative holiday (day in lieu). Employees who do not work on a public holiday get paid at their relevant daily rate for the day off. Example The following [...]
December 2010
How do I pay staff a bonus and deal with the tax? Bonuses are commonly used as staff incentives; however there is often confusion about the tax on bonuses paid. There are two types of bonuses: Regular bonuses Ones that are paid periodically and should be included in the employee’s gross earnings. These must be set up as [...]
Paying out annual leave using MYOB Payroll When employees take Annual Leave you should always pay it out using the Annual Holiday (ANHL) pay code. This should be done even if an employee has not yet become entitled to Annual Leave. The payroll will then record this as annual leave taken in advance. The anniversary [...]