Tax Cuts In the May Budget the government announced tax cuts changes to individual tax rates for the 2016-17 income year. Legislation dealing with those announced rates was introduced to Parliament on 31 August 2016. As a result a number of tax tables have been updated to apply from 1 October 2016. Those tax tables that have […]
Key dates August 2016 Key dates August – It is the reporting season and there are a few key dates that any business owner or manager should be aware off. 11 Aug Activity statements Quarter 4 (April – June) activity statements lodged electronically – final date for lodgment and payment. Refer to Lodge your activity statements […]
Closing payroll year using MYOB payroll It is that time of the year to review the steps in closing payroll year if using MYOB payroll. Do the following tasks to close your current payroll year and start a new one. Task 1 Enter all pays for June. 2 Review at least the following two payroll reports […]