Employment tax
Businesses have come under increased scrutiny by regulators and media in recent years for the underpayment of wages and superannuation contributions in relation to their employees. High profile cases causing embarrassment and reputational damage have made headlines across multiple industries. Both Federal and State regulators have access to more data than ever before and utilise sophisticated data mining and “client profiling” techniques.
Given this highly complex regulatory environment, the risks of errors being detected and reviews being conducted have increased substantially. Our tax specialists can help you navigate the complexities of employment taxes, including PAYG withholding, fringe benefits tax, superannuation contributions, payroll tax and Workcover, and ensure your obligations as an employer are met.
Our taxation specialists seek to balance the best interests of our clients and the social requirement of being a responsible employer. You can benefit from our employment tax services if you are:
- A business owner seeking to ensure all your employer tax obligations are being met
- A business owner requiring assistance with regulatory audits or reviews
- A business owner or human resources team seeking to incentivise key employees
- A payroll manager requiring assistance to overcome challenges or errors
How can we help?
Payroll tax
Review of annual returns to ensure correct disclosure of taxable wages.
Fringe benefits tax
Preparation and lodgement of fringe benefits tax returns, as well as advice on benefits to be provided to staff.
Superannuation contributions
Review of payroll records to ensure the correct amount of superannuation is being paid on payments to employees, and assistance in rectifying any non-compliance.
PAYG withholding
Review of employer obligations relating to employees and contractors.
Employee share schemes
Advice on implications to both employers and employees regarding employee equity incentives.
Workcover
Review of Workcover classification to ensure compliance with Workcover premium obligations.
Revenue authority audits
Assistance with the management of reviews conducted by regulators in relation to employment taxation matters.
Health check
Assessment of some or all of the above areas, plus identification of opportunities or risks.
Our experts
Pitcher Partners insights