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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 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 ...

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.

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

Australian businesses are required to submit employee superannuation contributions electronically. From the initial launch of SuperStream, Sybiz has offered businesses across Australia efficient and user-friendly SuperStream capability through our payroll solution. Our Gold L...

The Australian Taxation Office has extended Sybiz’s STP2 deferral until 31 October 2022 as they are struggling with the volume of testing required to certify products ahead of 1 July 2022.

Sybiz Visipay 22.20, the first version of software from Sybiz that will be capable of reporting Single Touch Payroll Phase 2 (STP2), was made available to customers this week.

A number of Sybiz customers will be affected by upcoming changes. Now is an important time to upgrade.

The Australian Government has opted to make Thursday 22 September a one-off national public holiday in 2022 as a day of mourning and memorial services for Queen Elizabeth II. As such, the Sybiz Head Office will be closed for the day.

Sybiz Visipay users will have STP2 reporting automatically enabled in their software (from version 22.20) on 1 November 2022. Although a subset of Sybiz customers have been successfully sending STP2 submissions since 1 July 2022, all remaining customers will begin from the ext...