Time Saver Tips

By October 9, 2019Uncategorized

Expert Knowledge You Can Trust

 

Time Saver: New Employees and ATO Electronic Onboarding

Save some internal administration time by having your new employees access and complete the following onboarding forms through ATO online services via their myGov account:

– Tax file number declaration

– Superannuation (super) standard choice

– Withholding declaration

– Medicare levy variation declaration.

 

These forms will be pre-filled with some of the employee’s personal and tax details making it quicker to complete and improving the accuracy of the information submitted to you as their employer. Functionality will soon be available for these details to be automatically populated into your payroll software once completed by the employee, reducing further administration and risk of errors from your end.

 

New employees will however need the following information from you (their employer):

– ABN

– details of the default super fund

 

The material and contents provided 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 accounting advice should be obtained. We are here to help, contact us today: admin@theCAgroup.com.au