Outsource Your Payroll Services to MicroChilli

Whether you’re just starting out or ready to scale your business, MicroChilli has your back. Our online bookkeeping and payroll services are designed to help small businesses and startups succeed.

REMOTE BOOKKEEPING FOR AUSTRALIAN EMPLOYERS

Payroll Services & STP reporting

Once your business is at the point of employing staff, you have a legal obligation with your payroll services. You have to pay your employees on time, deduct their withholding tax (PAYG), and pay them a net wage.

For many business owners, once they get to this point, they become overwhelmed with the compliance reporting requirements. It’s hard to keep on top of your employees getting paid correctly!

New to the payroll scene is STP (Single Touch Payroll). This came into legislation for ALL businesses from 1 July 2019. It’s an Australian Government initiative to reduce employers’ reporting burdens to the government agency, ATO.

With STP, you report your employees’ payroll information to the ATO, each time they’re paid. The reporting is done through special STP-enabled software. The payroll information includes:

  • Salaries & Wages
  • Pay as you go (PAYG)
  • Superannuation

Payroll Services – Quick-Fire Questions

What do payroll services do?

Payroll services make sure that your employees are paid on time and correctly. Payslips need to be accurate and superannuation needs to be paid.

Payroll processing services help you meet both the admin tasks and the legal obligations of payroll. This means calculating and transferring pay, as well as filing the associated taxes.

Payroll services pay salaries, accrue and authorise leave, calculate expense claims, and make sure your business is compliant with Single Touch Payroll.

Other payroll processing services include managing timesheets, creating payroll records for new employees, and salary packaging and remuneration services.

We can also prepare activity statements, payroll tax returns and WorkCover renewal notices.

What should good payroll services offer?

The best payroll services offer expertise, compliance and on-call support. Payroll outsourcing makes it easy for businesses to stay on top of their payroll services.

No more manual spreadsheets! An efficient payroll tracks wages accurately and frees up more time for businesses to focus on driving profits.

Payroll outsourcing for Australian businesses keeps all your operations humming along smoothly. We offer the expertise and software tools for businesses to meet their payroll obligations at a low cost.

Outsourced payroll providers take all the hassle out of compliance. We keep on top of your financial affairs, constantly reviewing your payroll to make sure can meet both your payroll needs and business goals.

How does outsourcing payroll work?

Payroll outsourcing is a cost-effective way for businesses to manage their payroll.

Full-service payroll outsourcing manages every aspect of your payroll processing. Once we’ve received the information we need, we have the expertise and tools to process everything on our end.

What we’ll need from your end is a system for sharing data, such as employee timesheets. We also need to know when the information updates, such as when an employee’s employment terms or tax status changes.

Our payroll outsourcing in Australia includes the software to calculate the pay, including deductions such as taxes and superannuation.

How much does payroll cost per month?

MicroChilli offers three levels of outsourced payroll services in Australia, as part of our monthly package price.

Each offers monthly bookkeeping, management reports and tax estimates, as well as EOFY reconciling and on-call support via phone or email.

Our payroll outsourcing packages start at $160 per month + GST, for end-to-end payroll services that’ll take care of all your payroll needs for you.

We also have packages at $440 and $880 per month + GST. This is for you if your business is growing and needs more transactions, faster turnaround times, or more on-call support about the nuances of your finances.

Are payroll services worth it?

Payroll services save time and give peace of mind. With payroll outsourcing, you can access the expertise and software to run payrolls efficiently and keep your business compliant.

Any business with employees is legally obliged to manage a compliant payroll. That means keeping on top of payments, leave, benefits and superannuation.

Payroll outsourcing is far more efficient than manual or DIY! Payroll professionals are best equipped to keep your business payroll efficient and compliant.

It costs too much for a small business to manage payroll in-house. Payroll outsourcing gives you access to the most cost-effective system to manage and optimise your payrolls.

Can I do payroll myself?

It’s possible to do your payroll yourself. However, it’s not worth the time to develop and maintain the right systems, not to mention learn the relevant details of tax law.

Your small business is legally obliged to have compliant payrolls. Payroll needs to be accurate and timely, to avoid the risk of financial penalties as well as maintain the goodwill of your staff.

The main reasons for payroll outsourcing are to save time and money, and to minimise the risk of non-compliance.

Wondering how to outsource payroll? Get in touch with MicroChilli for payroll processing services tailored for small businesses.

employee super made easy

Superannuation Lodgements

When you have employees, you are legally required to pay their superannuation. Currently set at 9.5%, this will increase to 10% on 1 July 2021. Further increments of 0.5% will apply annually, up to FY26 when the super guarantee rate will be set at 12%.

All payroll softwares are set up to automatically include supers when you run the payroll. This is recorded in your accounts as a superannuation liability, which you have a legal obligation to pay to the super fund of your employees’ choice. For most small businesses, this is a quarterly reporting and payment requirement.

Here at MicroChilli, we relieve you of the administrative burden of the reporting requirements, with our outsourced payroll services across Australia. Our payroll services send over the reports in a timely manner, and advise you of the payment you need to make and when.

MicroChilli Small business bookkeeping Melbourne Australia

Ready to go from hot mess to flaming success?

You're wearing too many hats in your business! So, put your hands in the air, and step away from the bookkeeping-hat. Let us wear the stress and boredom of compliance and accounting with our remote bookkeeping services.