Payroll Premier 2022/23 is now available!

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Rav
Rav Administrator, Reckon Staff Posts: 15,418 Community Manager Community Manager
edited June 2022 in Payroll Premier

Payroll Premier 2022/23 is now available!

The latest edition of Payroll Premier is now available. This new version will ensure you remain compliant and breeze through the 2022/23 financial year.


2022/23 PAYG tax tables

Changes to income tax tables will take effect from 1 July 2022, including the Student Loan repayments. The new tax rates are automatically calculated so you are always paying the correct amount.


Superannuation guarantee default rate increase

The ATO has announced an increase to the default superannuation guarantee rate as of 1st July 2022, from 10% to 10.5%. Payroll Premier 2022/23 contains this update.


Removal of Superannuation guarantee threshold

The ATO has announced the removal of $450 per month threshold of superannuation guarantee as of 1st July 2022. Payroll Premier 2022/23 contains this update. Learn more.



Payroll Premier 2022/23 can be downloaded from the Members Site by eligible customers.

We strongly recommend that you read the upgrade guide prior to installing the software.


IMPORTANT!

The new tax tables take effect from 1 July 2022. You must process employee pay for the 2021/22 financial year prior to installing this update, otherwise your 2021/22 pay calculations will not be correct.

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