Have you recently outsourced your business’s payroll processing function?
Scams across the country have been identified involving ‘labour hire payroll processers’. It’s been discovered that they are not passing on payroll taxes to the relevant State Revenue Office.
Employers are having to pay to meet their outstanding tax liabilities, as well as trying to recover the amounts paid to the payroll processor. If you are about to enter a ‘labour hire contract’, ensure you have undertaken a thorough due diligence.
If you are using a contracted payroll processor and they are forwarding payments on your behalf, we strongly recommend that you check on a monthly basis that all payroll tax liabilities are being forwarded to the relevant State Revenue Authority.