This information is brought to you by business.gov.au Taxation superannuation obligations If your business has employees or contractors then you'll need to know how to meet your tax obligations.
Determine the status of workers The status of your workers for tax purposes is important, as employees and contract workers involve different obligations.
Fringe Benefits Tax (FBT) FBT is a tax payable by employers for benefits paid to an employee or the employee's associate in place of salary or wages.
Pay As You Go (PAYG) withholding Pay As You Go (PAYG) withholding is a legal requirement to withhold amounts for income tax purposes.
Pay-roll tax Pay-roll tax is a state tax on the wages paid by employers. It is calculated on the amount of wages you pay per month.
Superannuation Running a business or employing people is likely to involve superannuation obligations. Most of your employees, whether full-time, part-time or casual, will be covered by the superannuation guarantee legislation.