June 2020 Newsletter

 

Have casual workers been granted annual leave?

News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court.  As usual, the devil is in the detail.

FWO issues some guidance on new annualised wage clause

You will recall previous bulletins informing you that new rules for annualised salaries will apply to award-based employers and employees.  These changes will apply after the end of the pay period finishing after 1 March 2020.

Your question answered: Can annual leave loading be set-off in an annualised salary?

If we pay above the award rate, can we absorb annual leave loading into the annualised salary?

What's changing on 1 July?

Company tax rate reduces to 26% for base rate entities.  Keep reading for more information .....

The ATO's JobKeeper audit targets

"...while it is all very well to talk of 'turning points', one can surely only recognise such moments in retrospect." Kazuo Ishiguro, The Remains of the Day

JobKeeper's impact on employee entitlements

To be eligible for JobKeeper payments as a casual employee, the individual had to be a long-term casual at 1 March 2020.

1 July company tax rate reduction

Despite the current economic environment, the company tax rate will reduce to 26% for small and medium businesses from 1 July 2020.

The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.