Payroll for electricians

Electricians in Australia can benefit from several tools to streamline payroll processing. Timesheet apps or software can help accurately capture regular pay, overtime, and public holiday/weekend work. Payroll software can take timesheet data and map them to payslips for your employees or reports for internal or compliance use. The same software should be able to calculate PAYG withholding, SG contributions, and payroll tax of the correct state.

When it comes to paying your electricians, several options are available. The most common and secure method is direct deposit (EFT), electronically transferring wages directly into their bank accounts. This ensures timely and accurate payments. Prepaid payroll cards can also be an option, particularly for managing cash flow or for employees who may not have traditional bank accounts. While less common due to security concerns, cash payments might still be used in some situations.

Ensuring your electrical business pays the correct prevailing wage for electricians requires staying informed and using several resources. The Fair Work Ombudsman website provides a wealth of information and tools to understand the Building and Construction Award (BCA), which outlines minimum pay rates and conditions specific to electricians. Additionally, registered enterprise agreements may exist for your workplace, and these agreements can sometimes override certain BCA provisions.

To navigate these complexities, the Fair Work Commission offers valuable resources and assistance, including help with interpreting award details. By utilising these tools and staying current on relevant regulations, you can guarantee your business complies with prevailing wage requirements for your electricians.

Payroll tax calculations depend on your state or territory and their payroll tax thresholds. If your business surpasses the threshold (e.g., $700,000 annually in Victoria), you’ll need to register for payroll tax and calculate the amount owed based on your total wages paid. Specific payroll tax rates and calculation methods vary by state/territory, so consulting a registered tax agent or the relevant state revenue office is recommended.

Payroller is an STP-enabled payroll-only software that automatically submits payroll information to the Australian Taxation Office (ATO) – through a secure cloud network – whenever you perform a payrun. Payroller helps you to track, manage and record your payroll while safely sharing that information (and staying compliant) with the ATO.

As a truly one-stop payroll solution, you can manage staff roster, invite your accountant, bookkeeper or BAS agent and even make Super contribution (Beam) on Payroller.

Absolutely, you may share your account and even set different access permissions.

Only a few minutes. The majority of our customers get up and running within 15 minutes. If you do need more help in getting set up, simply reach out to our capable live agents and they will have you using Payroller like a seasoned user in no time. Check out our handy user guides.

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Yes, Payroller is integrated with Xero. By connecting your Xero account to Payroller, you can easily export and share payroll information cross-platforms.