Payroll platforms work to implement new tax tables for SME customers

By Ellie Dudley · 19 October 2020 · Finance

Payroll platforms work to implement new tax tables for SME customers

Tax Cuts Loom for SMEs

The 2020 Federal Budget's tax cut package is about to shake up payroll for small businesses. Will your business be ready for the changes?

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Summary

With the news of the 2020 Federal Budget bringing forward the Coalition's three-stage tax cut package, Payroll SaaS platforms are working to implement the new tax tables into their services for their small business customers. The Australian Taxation Office has announced that as the changes have been made part way through the income year, employers […]