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  #   002-070 - Payroll Records

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  If you employ labour, then the law requires certain records to be maintained relating to: agreed rate of pay to be paid to the employeehours workedauthorised deductionsincome tax withheldA system of withholding income tax commenced from 1st July 2000. This introduced a number of changes including r ...[Read more](#hikashop_show_tabular_description)

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 If you employ labour, then the law requires certain records to be maintained relating to:

agreed rate of pay to be paid to the employee
hours worked
authorised deductions
income tax withheld
A system of withholding income tax commenced from 1st July 2000. This introduced a number of changes including replacement of group certificates by payment summaries and group tax deductions by withholding tax withheld.

The paper analyses payroll records under a number of headings including:

Legal Requirements
Awards/Enterprise Agreements
Maintenance Of Records
Payment Of Amount Withheld From Wages
Payment Summaries
Employee’s Records
Employee’s Pay Records
Pay Advice Slip
Withholding Tax Deduction