National coverage: NSW, ACT, NT, QLD, SA, TAS, VIC, WA
Access Your Payroll Portal
Streamline your payroll management with our secure payroll portal. Powered by Xero, this easy-to-use platform ensures accurate, on-time payments, compliance with tax regulations, and real-time access to all payroll-related information. Manage employee data, track deductions, and access pay stubs—all in one place.
PayRoll
Single Touch Payroll (STP) is a simplified method for employers to report payroll data to the Australian Taxation Office (ATO), improving compliance and accuracy. Benefits include:
- Less reporting hassle
- More precise records
- Quick access to payment details
- Enhanced regulatory compliance
Requirements:
- Use STP-enabled software
- Report each pay cycle
- Provide payslips every period
Island Financial Services offers expert assistance with STP setup and compliance. Contact us to learn how we can support your payroll needs.
Why Outsource Payroll?
Cost Savings:
Access to Expertise:
Cost Savings:
Outsourcing payroll can be a cost-effective solution for businesses of all sizes. By outsourcing, businesses can eliminate the need for in-house payroll staff and related expenses such as salaries, benefits, training, and overhead costs. Outsourcing payroll also reduces the risk of costly errors and penalties related to payroll tax compliance.
Time Savings:
Access to Expertise:
Cost Savings:
Payroll processing can be a time-consuming task that requires significant attention to detail. Outsourcing payroll can free up time for business owners to focus on other critical aspects of the business.
Access to Expertise:
Access to Expertise:
Access to Expertise:
Outsourcing payroll can provide access to specialised expertise that may not be available in-house. Providers can offer a range of services, from basic payroll processing to more complex HR functions such as employee benefits and compliance management.
Scalability:
Access to Expertise:
Access to Expertise:
As a business grows and its payroll needs evolve, outsourcing payroll can help ensure that payroll processing can keep up with demand. Providers can often scale their services up or down depending on the needs of the business, allowing for flexibility and agility in payroll processing.
Pay Compliance
Australia’s employment laws are numerous and operate at both state & territory and federal levels, covering areas such as minimum wages, conditions of employment, leave entitlements, public holidays, termination procedures, workers' compensation, privacy, superannuation, taxation (including fringe benefits), jury duty, and record keeping.
The Fair Work Act stands as the main legislation for employment regulation in Australia. Increasingly, the Fair Work Ombudsman is focusing on directors, HR professionals, payroll officers, accountants, and franchisors—making them potentially accountable if their business or franchisees violate this Act.
By outsourcing your payroll, you gain access to expert guidance that helps you meet compliance requirements and receive advice on optimal payroll management practices.
