May Newsletter
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The 2023-24 Australian Federal Budget included several measures aimed at cyber security, extending ATO compliance programs and
digital
transformation across government agencies. Here’s our breakdown of the Budget and where measures may impact DSPs over the next few
years. Members can access a more detailed list via the Forum.
DSPANZ News
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Payroll
Advice for DSPs in an Australian Context
We’ve put together some website content and a downloadable PDF for members
about payroll advice and considerations for DSPs. Members
can head to the members only resources section on our website
to access this content. Get in touch if you have any feedback, as we want to ensure this information continues to be helpful for DSPs.
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NZ
Tax Calculators Survey
Tax Technology Group members are
working on making tax-related calculations readily available to Aotearoa New Zealand DSPs. The group has put together a short under to
understand
current problem areas and the common standards or architecture that could be leveraged. All answers will remain anonymous, and
there is an opportunity to participate. Complete
the survey here.
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DSPANZ Representation
Over the past month, we have attended the following
meetings, roundtables and discussions:
- Data Retention & Minimisation Focus
Group
- New Zealand Digital Advisory Group
- Tax Technology Group
- MAPD API Catch Up
- COSBOA Member and Stakeholder Roundtable
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Payday
Super
Ahead
of last week’s Australian Federal Budget, the Assistant Treasurer announced that from 1 July 2026, employers will be required to
pay their employees’ super at the same time as their salary and wages. Treasury and the ATO will be consulting with industry on
these changes in the second half of the year. Read
the full announcement here.
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Termination
of ‘Zombie Agreements’
Some
employers and their employees are still covered by pre-2010 agreements (also known as ‘zombie agreements’) which will
automatically terminate in December. Employers must write to their employees about the coming changes before 6
June. The Fair Work
Commission has published resources to help employers meet this obligation.
More information about the changes
to pre-2010
agreements
can be found on the Fair Work Commission’s website.
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Eagle
Shared Services
Who are you?
Eagle Shared Services helps you with your business through provision of timely services, such as
bookkeeping, payroll, budgeting, invoicing, payments, financial and managerial reporting.
What do you do?
At Eagle Shared Services, we offer:
• General Administration
• Payroll Processing
• Bookkeeping
• Business Activity Statement (BAS & IAS)
• Management Accounting
• Budgeting & Forecasting
• Cash Management
• Banking & Finance
• Group Consolidations
• Partnership Accounting
• Virtual CFO
• I.T. Integration and Consulting
This lets you focus on growing your business, not back office, compliance and administration. Our service model is delivered through the
Eagle
Web, a Cloud platform using dashboards, reporting, document management and using data feeds from front line systems such as
Hospitality, Point of Sale and Medical Practice Systems.
Where are you located?
We are located in Joondalup, Western Australia.
Who can people contact for more information?
Email us info@eaglesharedservices or contact us via our website.
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Until next time,
The Team at DSPANZ.
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