VES Insights | May 2025
- Faye Absalon
- May 30
- 2 min read
VES Insights, your go-to newsletter for the latest in bookkeeping, automation, AI, Xero tips, and essential ATO updates to keep you informed and on track. From simplifying your bookkeeping to harnessing the power of automation and AI, our newsletter is packed with valuable tools and reminders to help you stay ahead.
Do I Need to Pay Super for Contractors? A Simple Guide for Business Owners
Paying super for employees is straightforward — but contractors can be a grey area. If a contractor invoices you with an ABN, you might think you’re in the clear. However, under ATO rules, some contractors must still be paid super just like employees.
Superannuation on Paid Parental Leave Starts July 2025
From 1 July 2025, eligible parents receiving government-funded Paid Parental Leave (PPL) will also receive super contributions — a long-awaited step toward closing the retirement savings gap.
The ATO will handle these new contributions, so there’s no extra work for employers. But understanding how it works helps keep payroll teams informed.
EOFY Payroll Guide 2025 with STP Finalisation and Superannuation Deadlines
With 30 June fast approaching, it’s time to double-check your payroll setup. From STP finalisation to super contributions, getting it right means fewer surprises for you and your team.
Missed deadlines can lead to penalties or missed deductions, so now’s the time to act. Whether we already handle your payroll or you manage it internally, these tips can help you stay on track.
Disclaimer: This newsletter is intended to provide general guidance and is not specific advice. We encourage you to seek tailored advice for your circumstances.
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