Below you can find news and update information about new Lightning Payroll versions and features.
Regarding the newly announced JobKeeper payments from the government, we here at Lightning Payroll, like you, are still waiting to hear the finalisation of the legislation. This means at this stage we do not know how to advise how these payments will be processed.
As soon as this information becomes available to us, we will be updating our support information here to advise our users how to input the JobKeeper payments into Lightning Payroll. We will also immediately update the Latest News section on the home screen of your Lightning Payroll program.
One thing we are certain of so far is that you need to register your interest to be involved in the JobKeeper program with the Federal Government by clicking here.
- 03/04/2020
Due to the current Coronavirus pandemic the Lightning Payroll support team will be working from home. Our support quality and hours remain unchanged.
Please see here for Fair Work Australia information on workplace laws and leave, with regards to the current situation.
Jobkeeper Payment
For more information on how the payment will work along with eligibility criteria, please click here to view the Federal Government's Business information page.
For information on how to register your interest, please see the How to Apply section in the link above.
- 31/03/2020
AUSkeys are now a thing of the past. The ABR and ATO are decommissioning AUSkeys on March 28th 2020. M2M Credentials, otherwise known as Machine Credentials are the new way to identify yourself digitally with the ATO and within Lightning Payroll. These are fully handled by the ATO now, and not given by the Australian Business Register.
For instructions on getting your Machine Credential please see our FAQ on the topic.
- 13/03/2020
The ATO has announced updated information regarding the 2020 withholding tax tables.
"The Federal Budget did not result in any changes to tax rates or income thresholds for 2019-20 income year. Changes announced to the low and middle income tax offset were only in respect of the amount of that offset, and that is claimable when individuals lodge their income tax return.
The HELP/SSL/TSL tax tables will be renamed ‘Study and training support loans tax tables’. They will incorporate HELP, VSL, SFSS, SSL, ABSTUDY SSL and TSL. There will no longer be separate SFSS tax tables. These changes arise from the passing of the Sustainability and VSL Separation Bills in 2018. You will need to refer to the applicable ‘Study and training support loans tax table’ wherever any existing tax tables refer to HELP/SSL/TSL or SFSS tax tables.
Therefore, only Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539) and study and training support loans weekly, fortnightly and monthly tax tables will be updated for the 2019–20 year."
Lightning Payroll version 2020.1.1 or higher already contains these Study and training support loans tax tables. Please ensure your version is up to date so that these changes can apply.
In line with what is mentioned in the ATO's advice above there are no standard tax table changes to be applied to Lightning Payroll in this new financial year.
- 18/07/2019
- 10/04/2019
- 05/04/2019