Released on the 31 March 2025, this new enhancement empowers payroll administrators with the ability to easily create and pay Contractors directly within the platform.
Key aspects of this feature include:
- New Contractor Wizard: A new user-friendly Contractor Wizard has been introduced, simplifying the process for administrators to add new Contractors to the platform.
- Tax Withholding: The platform now supports tax withholding for Contractors. This provides automated calculations, ensuring compliance and reducing manual errors.
- Super Contributions: Administrators can leverage existing super guarantee settings and calculations for their Contractors, where applicable, simplifying superannuation management.
- Pay Categories & GST Handling: A new system pay category, "GST," has been implemented to automatically calculate Goods and Services Tax (GST) on Contractor payments.
Additionally, a "GST Exempt" setting has been added to both new and existing Pay Categories, allowing administrators to exclude specific payments from automatic GST calculations as needed.
Further updates will be provided on future enhancements to the Contractor Management feature.
For more information: Contractor management.
