Payroll Premier 2018/19 is now STP ready!
Rav
Administrator, Reckon Staff Posts: 15,305 Community Manager
Payroll Premier 2018/19 is now Single Touch Payroll (STP) enabled and compliant with the ATO's new regulation.
This release includes the tax updates to help you remain compliant with the ATO including:?
2018/19 PAYG tax tables
Changes to income tax tables (including some tax cuts) will take effect from 1 July 2018. The new tax rates are automatically calculated so you are always paying the correct amount.
STP reporting through the GovConnect STP application
Single Touch Payroll (STP) is a new regulation that requires businesses to send all employee payroll info at the same time as their standard pay run instead of at the end of financial year.
Visit our STP Resource Hub to learn how to set it up and lodge a STP payroll report.
Your copy of Payroll Premier 2018/19 can be downloaded from the Members Site.
We recommend that you read the upgrade guide prior to installing the software.
Important: The new tax tables take effect from 1 July 2018. You must process employee pay for the 2017/18 financial year prior to installing this update, otherwise your 2017/18 pay calculations will not be correct.
ATTEND OUR GOVCONNECT STP WEBINAR FOR PAYROLL PREMIER
Learn more about STP and get a step-by-step demonstration of how to sign up for GovConnect STP and submit payroll data to the ATO from Payroll Premier.
Thursday 5 July 2018 | 2:00pm to 3:00pm (AEST) |
WE'RE HERE TO HELP
To assist you during the EOFY period, we have extended our support hours from 27 June to 8 July 2018. Click here for more info.
And don't forget to check out our EOFY Hub - it's packed with resources to help you breeze through this busy period.
ℹ️ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.
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