21/10/2026
Christmas is Fast Approaching – Have You Forecast Your Christmas Wages?
The Christmas countdown is on, and while many businesses are looking forward to a well-earned break, there’s one important thing that shouldn’t be left until the last minute…
Planning for your Christmas shutdown and employee wages!
For many small businesses, the Christmas and New Year period can place extra pressure on cash flow, particularly when the business closes but payroll obligations continue.
Now is the perfect time to start forecasting and preparing.
* Christmas shutdown dates – Confirm when your business will close and reopen.
* Annual leave entitlements – Review employee leave balances and identify any potential shortfalls.
* Public holiday payments – Factor in applicable public holidays and employee entitlements.
* Wage forecasting – Calculate how much you’ll need to cover wages, leave payments, superannuation and any applicable leave loading.
* Cash flow planning – Make sure sufficient funds are available to meet payroll obligations, particularly if business income slows over the holiday period.
* Payroll processing – Plan ahead for bank holidays, payroll deadlines and payment dates.
A little preparation now can make a big difference come December!
Remember, Christmas shutdown arrangements and employee leave entitlements need to comply with the applicable award, agreement and Fair Work requirements.
Don’t let Christmas payroll become a January cash flow headache.
Start forecasting now so you can enjoy your Christmas break knowing your payroll obligations are covered.