Pay slips and recording keeping are vital for all businesses, no matter their size. Employers have specific obligations in regards to pay slips and record keeping to ensure that employees receive the correct entitlements and wages.
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By the 14th August this year, all employers must have completed a PAYG annual payment summary statement and sent it to the Australian Tax Office.
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In order to raise awareness of record-keeping obligations for employers, the Fair Work Ombudsman has issued a reminder to businesses informing them of the importance of keeping good employee records.
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