Managing payroll and navigating Australia’s tax regulations can be complex and time-consuming. At MKS Taxation, we offer comprehensive payroll and tax solutions tailored to meet the needs of Australian businesses.

Why Choose Our Payroll Services?

• Compliance First: We ensure your payroll processes align with the Australian Taxation Office (ATO) requirements, including Single Touch Payroll (STP) reporting.

• End-to-End Solutions: From processing employee payments to handling tax deductions and superannuation contributions, we’ve got you covered.

• Time-Saving: Let us handle the intricate details of payroll so you can focus on growing your business.

• Accurate Calculations: Our experts minimize errors, ensuring correct tax withholding, leave entitlements, and overtime payments.

Our Payroll Services Include:

1. Payroll Processing

   • Accurate calculation of wages, deductions, and entitlements.

   • Generation of payslips and payment distribution.

2. Tax Compliance

   • STP submissions directly to the ATO.

   • Calculation and remittance of PAYG withholding taxes.

   • Preparation of year-end payment summaries and Income Statements.

3. Superannuation Management

   • Calculation and lodgment of superannuation contributions.

   • Assistance with SuperStream compliance.

4. Employee Records Management

   • Maintenance of employee details, tax file numbers (TFNs), and work hours.

   • Tracking of leave balances and entitlements.

5. Advisory Services

   • Guidance on payroll tax obligations for different states.

   • Assistance with ATO audits and queries.

Why Accurate Payroll Matters

Mistakes in payroll can lead to penalties, employee dissatisfaction, and reputational damage. Our team ensures your payroll is handled with precision and care, meeting all compliance requirements.