How we manage Payroll Compliance.

BrightPay works with Australian Businesses across metro, regional & remote areas. 

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Some of our Payroll Services

1

Employee Set-up:

  • Collect Tax File Number (TFN) declaration forms from each employee.
  • Get Superannuation (Super) details for each employee.
  • Store personal details including full name, address, and date of birth.
  • Determine the employment type (full-time, part-time, casual) and appropriate modern award or enterprise agreement.
2

Payment Structure Establishment:

  • Determine payment frequency (weekly, fortnightly, or monthly).
  • Establish pay rates based on the National Minimum Wage or respective modern award or enterprise agreement.
  • Calculate penalty rates, overtime, and allowances if applicable.
3

Record Work Hours:

  • Maintain accurate records of hours worked, using a digital or manual time-tracking system.
  • Ensure compliance with maximum allowable hours as per Fair Work Act.
4

Calculate Gross Wages:

  • Calculate gross wages for each employee based on hours worked and their pay rate.
  • Include any additional payments like overtime, bonuses, or commissions.
5

Calculate and Deduct Payroll Tax and Superannuation:

  • Calculate Pay As You Go (PAYG) withholding tax and deduct this from employee wages.
  • Calculate the Super Guarantee Contribution (currently 10% of an employee's ordinary time earnings) and set this aside.
6

Pay Employees and Provide Payslips:

  • Process payments to employees via their preferred method.
  • Issue payslips within one working day of payday, even if an employee is on leave.
7

Record Keeping:

  • Keep comprehensive payroll records including gross wages, deductions, net pay, and hours worked for seven years.
  • Ensure records are readily accessible to a Fair Work Inspector if required.
8

Reporting and Tax Payments:

  • Report and pay PAYG withholdings to the Australian Taxation Office (ATO) regularly.
  • Report and pay Fringe Benefits Tax (FBT) if applicable.
  • Report payroll data to ATO through Single Touch Payroll (STP) every time you pay your employees.
  • Pay the Super Guarantee Contributions to the appropriate Super fund at least every quarter.
9

Stay Up-to-date with Compliance Updates:

  • Regularly check updates from the Fair Work and ongoing verdicts.
  • Update payroll system with changes in tax rates, super rates, or modern awards.
10

Regular Auditing:

  • Conduct internal audits to check for accurate wage calculation, correct tax and Super deductions, and timely payments.
  • Prepare for potential audits from the ATO or Fair Work Ombudsman by maintaining accurate and comprehensive records.

How can BrightPay support your Payroll compliance needs?

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Find out how we can build compliance support around your business needs.

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