Important end of financial year dates for employers
From 1 July
Ensure you apply the new tax rates for withholding from the 1st of July – updates are available at www.ato.gov.au/taxtables
If you use accounting software such as MYOB, RECKON and XERO, you should contact your software provider for payroll updates.
By 14th July
Your employees should be provided with their Payment Summaries.
This is the final date to submit your PAYG withholding payment summary annual report or upload your empdupe files to the ATO.
This is the final date to submit your Taxable Payments Annual Report for the building and construction industry.
Evans & Hearn is here to help
Please contact us if you need any assistance with your EOFY bookkeeping or payroll tasks.