Establish step-by-step process to regularly review sources

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Question

In light of the recent superannuation changes, from 1 July 2022, you manager has asked you to establish a step-by-step process to regularly review sources of information on taxation systems to ensure that payroll operations remain compliant (minimum three steps). Ensure you:

• Include, in your step-by-step process, a descriptive note relating each step to payroll operations

• Outline the importance of each individual step (what completing the step will help to achieve).

• Include how often taxation system information should be reviewed, to assist with ensuring payroll operations remain compliant

• Include at least one important Government agency

• Include information regarding any documents that should be updated and how often.

Reference no: EM133650408

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