End of Financial Year Software Courses

Paypac's End of Financial Year Software Courses will be available again in 2011 for all interested software clients.


This involves a half-day workshop, in which you'll learn how to most effectively use the Paypac software to complete all of your End of Financial Year Processing. We'll provide you with an extensive manual to take away with you, and you'll also be treated to a delicious morning or afternoon tea!


We'll cover topics including (but not limited to):
Paypac End of Year enhancements and features
Balance your payroll in minutes!
The importance of reconciliation
Quick and easy problem-solving techniques
Printing your Payment Summaries
ATO requirements
Paypac help menus and wizards


Please register your interest for any of the below available dates.
Friday the 3rd of June, starting from 1:00pm
Friday the 10th of June, starting from 1:00pm


Alternatively, contact Amanda directly on 08 9481 0481 or email amanda@paypac.com.au should you have any further queries.

Are you required to report on Fringe Benefit Tax?

Leading up towards the busy end of the Financial Year, employers are required to report on and submit their Fringe Benefit Tax (FBT) liabilities. The FBT year runs from the 1st of April until the 31st of March.

If your business is not currently registered for FBT you must first complete an application form and submit it to the ATO.

What is FBT?
FBT is a tax paid against (mostly) non-monetary benefits that you can choose to provide to your employees.
Examples of this are;
- providing an employee with a company car for private use
- giving your employee a cheap loan
- access to a corporate box

If benefits that are subject to FBT were not utilised throughout the FBT year, you are not required to submit a return as the FBT balance would be nil.

However, the ATO does require that you submit a notice of non-lodgement form if you will not be submitting a return.

We will be updating with more tips and reminders leading up to the End of the Financial Year, including dates for our EOFY Paypac Software Courses.

Should you require additional information or assistance during this busy period, please do not hesitate to contact us on 08 9481 0481 or 1800 729 722.

Paypac supports Murdoch University Students

Paypac is a proud sponsor of Murdoch University’s Sponsorship and Prize Program.

This initiative was created by Murdoch University to support and assist with the development of graduates and to inspire and reward the achievements of their students.

This year, Paypac has chosen to support a student who has shown the most outstanding academic performance within the Accounting area. We trust the Paypac Prize will be truly beneficial to the recipient, whom we are excited to meet at the ceremony towards the end of April.

We encourage any business or individual to support this program. More information can be found on the Murdoch Uni website.

Paypac to attend the upcoming Mining Australia Expo

Paypac Payroll Services will be exhibiting at the Mining Australia Expo on April the 6th, 7th, and 8th this year at the Belmont Park Racecourse.

Known as one of Australia’s premier mining events – attracting visitors from within the mining and resources sectors – both nationally and internationally. Paypac will be showcasing our Payroll Outsourcing Services.

It provides you with an ideal opportunity to learn about the latest advances in mining technology, equipment and services available in today’s marketplace.

To register to visit, click here. We look forward to seeing you there!

Important Dates in 2011 - April 3

Daylight Savings in the Eastern States is coming to an end on Sunday April the 3rd at 2am. This means that the time difference between WA and the Eastern States lessens from being three hours to two hours and this allows an extra hour for banking.

We advise Outsourcing Clients that the PAYPAC OUTSOURCING banking deadline is now extended from 1pm to 2pm WST.

However we do appreciate your prompt assistance to ensure we are always able to meet our banking deadline with time to spare wherever possible.

Payment Summary Paper

Paypac now have Payment Summary Paper available to assist with your End of Financial Year processing.

Payment Summary Features:

• Laser guaranteed 90gsm paper for optimum performance
• Packs are available in quantities of 100 or 500 to suit your needs
• Each pack is individually shrink-wrapped for protection
• Easy to recognise design
• Designed to accommodate PAYG, Individual Non Business, Voluntary Agreement, Labour Hire, Specified Payments & ETP Payments

Watch this space as we’ll be providing an End of Financial Year checklist to help you get through the upcoming busy period.

If you wish to obtain a free sample of our Payment Summary Paper prior to making your order, please contact Michelle on 08 9481 0481 or via email at michelle@paypac.com.au.

Paypac also understands the pressure that some businesses feel during this portion of the year, and so we’d like to help your business to relieve some of that stress by offering our cost effective Payroll Outsouring Solution to assist our Clients to save valuable time.

Contact Peter on 08 9481 0481 or peter@paypac.com.au to obtain a quote and additional information.

Paypac's 2011 Footy Tipping Comp

Registration for the Annual Paypac Footy Tipping Competition is now open for 2011! Get yourself and your colleagues involved!

We have been incredibly lucky in previous years, with many Clients generously donating prizes to offer to our Best Tipsters throughout the season. Paypac will again offer an array of prizes this year, and we are grateful for those Clients who have already expressed that they are happy to donate this year. It truly assists in making the competition successful each season.

Special thanks so far to;

Crepe Cherie

Crommelins Machinery

Telstra Shop Subiaco
Boss Entertainment (The Deen Hotel, Black Betty's and Eurobar)
Grill'd
City Farmers Belmont
Cleandustrial
Central Management Services, WA

We also thank our friends at Grill'd Subiaco for their very generous donation.

To register, visit the Footy Tips website and follow the registration instructions.

Then, visit Paypac's Competition Page in order to join our Comp. As this competition is available to Paypac Clients only, you'll need to contact us to gain the password to join. Alternatively, you will have been provided with this information in an email previously.

As always, the more participants, the merrier.

We look forward to sharing the 2011 AFL Season with all of you!

Food Drive Success in 2010

Paypac is proud to have assisted our long-standing client, Foodbank WA, with our annual Christmas Food Drive in 2010. We were astounded to find that by the end of our pick-up day, we’d absolutely filled our training room with many boxes full of food items (including Christmas puddings, right in time for Christmas!) to help less-fortunate West Australian families through the festive season, giving them more reasons to smile.

We’d like to acknowledge the following Clients for the donations, contributions and support of their staff members throughout our 2010 Food Drive efforts.

ASG Group

Noble Accounting

Sime Darby

PMH Foundation

Novetec Building Products

Dr Melanie McAlpine

Cape Australia

Leader Cabling Systems

YMCA

HR Products

Gas Cylinders Australia

Key Assets

Crepe Cherie

Rusty

We truly look forward to our 2011 Food Drive and trust it will be at least as successful as our 2010 efforts!

Australia's Paid Parental Leave Scheme

The Australian Government has introduced a Paid Parental Leave (PPL) proposal for new parents with a child or children born after the 1st of January 2011. Whilst this benefit will not be available to all primary carers, it is available to primary carers who;

• have been in paid work continuously for at least 10 of the 13 months prior to the expected birth or adoption of the child; and
• have undertaken at least 330 hours of paid work in the 10 month period (this is equivalent to approximately one full working day per week)

Based upon the primary carer’s adjusted taxable income for the previous financial year, Parental Leave Payments will be means tested on an income of $150,000. Payments are then allocated on a case-by-case basis up to a maximum of $543.78 per week – the current Federal Minimum Wage for adults.

Payments are then provided on a weekly basis from the Government direct. Future plans suggest that payments may also be available via the employer; the Government will allocate the employer their lump sum for the particular employee to be paid on a weekly basis.

Primary carer’s hoping to benefit from the PPL scheme should apply directly to the Family Assistance Office, and also speak with their employer to determine the most suitable way for payments to commence.

Information for employers and their obligations can be found here.

New primary carer’s may wish to consider whether to apply for Paid Parental Leave or the Baby Bonus. This Estimator Tool may assist you to make that decision. We recommend you review this link to obtain all the information you require prior to utilising the Estimator Tool.

Welcome!

Welcome to Paypac’s blog. As Perth’s number one payroll provider, offering outsourcing, payroll software, and payslip stationery, we draw on our vast experience, high quality products, people, and strategic approach to deliver maximum value for our clients.

We can assist you to decide upon the best solution for you, your business, and your employees.

Our payroll outsourcing team have vast experience in calculating payroll across all industry groups, including hospitality, construction, and mining, for employees from 1 – 1,000+. When outsourcing your payroll, you will have access to a dedicated consultant who will promptly attend to your needs and queries, changes, and requests.

With committed in-house programmers, we are able to develop customised software just for you. Stay tuned for exciting news regarding our Human Resource Information Management System, coming in 2011!

Our payslip stationery perfectly compliments our software, and is available in various formats that are compatible with the vast majority of payroll and accounting software programs. We will work with you to customise your payslips with your company name and logo should you wish to.

As you visit our blog you will find news on software updates and new releases, statutory changes, Paypac business news and upcoming events, client activity and much more.

We welcome your comments and questions and trust that our blog will be a consistent flow of support, news, and information for you.