AccountRight Plus and Premier, Australia only At the end of the payroll year, you simply need to make sure you've paid your employees up to June 30 and finalised your STP payroll reporting with the ATO. If needed, you can record a pay in July before finalising the previous payroll year. Just remember you need to finalise your payroll information with the ATO by July 14. To ensure everything goes smoothly, make sure you're using the latest AccountRight version. This gives you access to the latest features and helps keep you compliant. UI Text Box |
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| Need some guidance? Learn everything you need to know about end of payroll year with our free eLearning. Also check our EOFY hub (myob.com/eofy) for key end of year dates and resources. |
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| Your business should now be using Single Touch Payroll (STP) phase 2 reporting to stay compliant with the ATO. If you haven't moved to STP Phase 2 yet, get set up now. |
What's happens now?There are some non-payroll related end of financial year tasks you should take a look at. After which, that's it – you're done for another year! No need to prepare payment summaries (STP replaces the need to do this), and the 1 July tax tables have been downloaded automatically for you, ready to use. See you in 12 months... |