There are times when outsourcing far outweighs keeping jobs in-house, and in fairness that’s how the service industry works. While this alleviates some of the workload for employers, it’s important to do your research properly so you don’t end up getting burned. Recently, Revenue have identified a new and very clever scam.

Employers are unknowingly engaging dodgy payroll processors to disburse payments to employees, the ATO and Superannuation Funds, however these third parties are then withholding the tax payments for themselves and leaving the employer at risk.

For more information refer to the Revenue’s website.

– Posted 18.01.2018

This article is compiled as a helpful guide for your private information and is subject to copyright. We suggest that you do not act solely on the basis of material contained in this article because items are of general nature only and may be liable to misinterpretation in particular circumstances. We recommend that our advice be sought before acting on any of these crucial areas.

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