Payroll Compliance & Reporting
Our compliance and reporting service keeps your business aligned with Australian payroll regulations. We handle tax calculations, government reporting, and maintain accurate records for audit purposes.
About This Service
Stay on top of your payroll compliance obligations with our comprehensive compliance and reporting service. We ensure your business meets all Australian taxation, employment, and reporting requirements, giving you peace of mind and protecting you from costly penalties.
Key Features
Comprehensive features designed to meet all your payroll compliance & reporting needs.
PAYG Withholding
Accurate calculation and reporting of Pay As You Go tax withholdings for all employees.
End of Financial Year Processing
Complete EOFY processing including payment summaries, finalisation, and lodgement.
Award Compliance
Ongoing monitoring and application of Modern Award requirements including rates and conditions.
Record Keeping
Comprehensive payroll records maintained in accordance with statutory requirements.
Regulatory Updates
Proactive implementation of changes to tax rates, super rates, and employment legislation.
PAYG Payment Summaries
Preparation and distribution of annual payment summaries (now via STP) for all employees.
Audit Support
Complete records and support documentation for any payroll audits or Fair Work enquiries.
Compliance Reporting
Regular compliance reports highlighting status and any areas requiring attention.
Benefits
- Avoid penalties for non-compliance
- Stay current with regulatory changes
- Accurate tax calculations and reporting
- Audit-ready documentation at all times
- Expert interpretation of complex regulations
- Peace of mind knowing you are compliant
- Protection against underpayment claims
- Reduced risk of Fair Work issues
What's Included
- PAYG withholding calculations and reporting
- Award rate monitoring and updates
- Leave entitlement compliance
- Record keeping and documentation
- Regulatory change implementation
- EOFY processing and finalisation
- Compliance status reporting
- Audit support and documentation
Ideal For
This service is perfect for:
Our Process
A streamlined approach to ensure efficient and accurate service delivery.
Assessment
We assess your current payroll compliance status and identify any areas of risk or improvement.
Implementation
Compliance processes and controls are implemented or enhanced within your payroll operations.
Ongoing Monitoring
Continuous monitoring of compliance requirements with proactive updates for regulatory changes.
Reporting & Review
Regular compliance reports and periodic reviews to ensure ongoing adherence to all requirements.
“With PayCraft handling our compliance, I sleep better at night. They keep us updated on every regulatory change and ensure we are always ahead of requirements.”
Peter MacLeod
Operations Director
Frequently Asked Questions
Find answers to common questions about our payroll compliance & reporting service.
What compliance areas do you cover?
We cover all aspects of payroll compliance including PAYG withholding, superannuation guarantee, Fair Work requirements, Modern Award compliance, leave entitlements, record keeping obligations, and STP reporting requirements.
How do you stay updated on regulation changes?
Our team continuously monitors updates from the ATO, Fair Work Commission, and other regulatory bodies. We implement changes proactively and keep you informed of any impacts to your business.
Can you help if we have a Fair Work or ATO audit?
Yes, we maintain comprehensive records and can provide all necessary documentation for audits. We can also assist with responding to enquiries and implementing any required remediation.
What happens at End of Financial Year?
We handle all EOFY requirements including STP finalisation, reconciliation of PAYG withholdings, and ensuring all employee records are accurate and complete for the financial year.
How long do you keep payroll records?
We maintain payroll records for the legally required period of 7 years. Records are stored securely and can be accessed whenever needed.
Do you provide compliance training for our team?
While we handle compliance on your behalf, we can provide guidance and information to help your team understand key obligations and processes.
Related Services
Explore our other payroll services that complement payroll compliance & reporting.
Ready to Get Started?
Contact us today to discuss how our payroll compliance & reporting service can benefit your business. Our team is ready to help.