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Check your email settings before October

Link: https://www.sybiz.com/Latest-News/Check-email-settings-October
Page last updated: 27/07/2020

This is an advance communication regarding upcoming changes from Microsoft that will affect Sybiz Vision and Sybiz Visipay users with Office 365 as their email type.

Super Guarantee increase set to go ahead

Link: https://www.sybiz.com/Latest-News/Super-Guarantee-increase-set-to-go-ahead
Page last updated: 24/05/2021

Although previously in doubt, the expected increases to the Australian Superannuation Guarantee (SG) Rate appear set to increase as planned from 1 July 2021 by 0.5%, going from 9.5% to 10%, with the recently announced 2021 Federal Budget making no changes to the legislation.

STP2 Deferral Process announced

Link: https://www.sybiz.com/Latest-News/STP2-Deferral-Process-announced
Page last updated: 27/05/2021

The ATO have now released the official Deferral Process for Digital and Payroll Service Providers for Phase 2 of Single Touch Payroll (STP2), mandated to come into effect on 1 January 2022.

Super fund stapling coming to Sybiz Visipay

Link: https://www.sybiz.com/Latest-News/Super-fund-stapling-coming-to-Sybiz-Visipay
Page last updated: 13/09/2021

Big changes are coming for Australian superannuation, affecting both employers and their employees. From 1 November 2021 when a person moves from one job to another, their super fund will be ‘stapled’ to them.

Sybiz 21

Link: https://www.sybiz.com/Sybiz21
Page last updated: 2/10/2020

Create new possibilities for growth in a changing world 2020 has shown the importance of adaptation for growth and survival in a rapidly changing world. With Sybiz 21, we're inviting you to embrace change and create new possibilities for your business. Focusing on connectivi...

Cash out of leave and STP2

Link: https://www.sybiz.com/STP2/Cash-out-of-leave
Page last updated: 26/04/2022

Cash out of leave in service and paying out upon termination When cashing out leave, either in service or upon termination the aim is to reduce the leave entitlement balance, without accruing additional leave as would normally happen when actually taking leave. For simpl...

Salary Sacrifice and STP2

Link: https://www.sybiz.com/STP2/Salary-Sacrifice
Page last updated: 26/04/2022

Salary sacrifice and Single Touch Payroll Phase 2 The reporting of salary sacrifice under STP2 has changed compared to STP1. From a processing perspective, salary sacrifice to super is unchanged. However, changes may be required to the manner in which some non-super salary ...

GST on low value goods

Link: https://www.sybiz.com/Latest-News/GST-on-low-value-goods
Page last updated: 16/04/2018

Australia will be the first country to introduce a GST on low value goods purchased from overseas retailers, but this might prove complicated for businesses who supply or process foreign goods into Australia.

What’s changing with JobKeeper from January

Link: https://www.sybiz.com/Latest-News/JobKeeper-changes-January
Page last updated: 21/12/2020

JobKeeper has supported employees across Australia through the tumultuous COVID-19 restrictions the country has faced. While the program is set to conclude in a few months, 4 January 2021 brings the latest round of changes to JobKeeper requirements and rates.

Further changes announced to JobKeeper program

Link: https://www.sybiz.com/Latest-News/Further-changes-JobKeeper-August
Page last updated: 7/08/2020

As the COVID-19 pandemic continues to affect businesses right across Australia, the federal government has announced a supplementary update to the JobKeeper initiative.  

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