The end of the financial year is only days away

Employer Alert

As an employer you need to:

1. Provide PAYG Payment Summaries to your employees by the 14^th July 2016.
2. Please ensure you send the ATO, your PAYG withholding payment summary annual report by the 14^th August 2016.

3. Use the latest tax rates to calculate employee withholding tax from 1^st July 2016. While there have been no changes to tax rates for 2016/17, to check the latest rates, go to ato.gov.au/taxtables

4. Ensure your accounting software payroll rates are updated from the 1^st July 2016 and the file is ready for the first pay run of the 2017 year.

5. All employee Superannuation Guarantee Charges have been met for the 2015/16 financial year. Please note the June Quarter SGC is due by the 28^th July 2016.

 

If you have any questions on your EOFY obligations to the ATO, please do not hesitate to contact us.