EOFY AND NEW TAX TABLES, SUPERANNUATION CHANGES

JANE_9714211

Hi,

I was wondering what is happening with the 24/25 tax tables, 11.50% Superannuation changes and what is the process with implementing them in Reckon Payroll. Will you be sending a link to update details as I haven't seen any news about it on the Reckon site.

I will be processing the last pay for this financial year next week, so I want to be sure everything runs smoothly for the following week (new financial year).

Thanks.

Rav

Hi @JANE_9714211

Since Reckon Payroll is our full cloud service, you won't need to do anything to implement the new tax tables, instead we'll take care of it on our end 🙂

We're just in the final stages of getting the new 2024/25 tax tables into Reckon Payroll and once that is done, any new pay runs created with a pay date of 1 July onward will use those new tax tables along with super being updated to the new 11.5% statutory rate.

We'll have an announcement here on the Community as soon as the new tax tables are live in Reckon Payroll.

If you haven't done so already I'd recommend clicking the Follow button on the Reckon Payroll announcements page HERE so you can receive an email notification as soon as a new announcement is published for Reckon Payroll.

JANE_9714211

Thanks Rav for answering my question so quickly. It's good to know that your Dev Team will take care of all the tax/superannuation updates.

I'm still trying to understand the function of this Reckon Payroll app (I'm still in the novice stage lol).

Cheers.

Rav

No worries at all @JANE_9714211

Sing out if you have any questions or need a hand with Reckon Payroll 🙂

JANE_9714211

https://community.reckon.com/discussion/comment/20646483#Comment_20646483

Hi Rav,

Are there any Reckon Payroll webinars available for EOFY for STP2?

Thank you.

Rav

Hi @JANE_9714211

Yes, I believe Clayton Oates from QA Business (and Reckon Accredited Partner of the Year) is holding a couple of Reckon Payroll webinars this week in fact.

Check out the details of the End of Financial Year webinars for Reckon Payroll HERE.

JANE_9714211

https://community.reckon.com/discussion/comment/20646618#Comment_20646618

Hi Rav,

Thank you for the EOFY webinar link.