Reckon Accounts 2019 Tax Update is available!

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  • Updated 1 year ago

Reckon Accounts 2019 tax update is now available!

This update will ensure you remain compliant and breeze through the 2019/20 financial year with the following updates.

  • 2019/20 PAYG TAX TABLES
Changes to income tax tables will take effect from 1 July 2019, including the Student Loan repayments. The new tax rates are automatically calculated so you are always paying the correct amount.

From 1 July 2019 Single Touch Payroll is compulsory for employers in Australia with 1 or more employees. You can now generate an STP finalisation report at the end of each financial year that includes all employee pay information to submit to the ATO as part of the mandatory end of year STP process.

Please follow these steps to install the Reckon Accounts 2019 tax update.

Ensure you have installed and activated your copy of Reckon Accounts 2019 (the tax update cannot be installed on earlier versions of the software). If you have not installed Reckon Accounts 2019, log in to the Members Site to access your installation key code and download now.
Read and follow the instructions in the upgrade guide for important guidelines on when and how to install the update.

Important: The new tax tables take effect from 1 July 2019. You must process employee pays for the 2018/19 financial year prior to installing this update. Once the tax update is installed and your data file is opened, you will not be able to reopen your file in the earlier version of Reckon Accounts.

We're here to help
To help get your business ready to lodge your Single Touch Payroll to the ATO, we have included the following resources below:

Step by step STP Guide


Pre-recorded webinar

Register for an upcoming live webinar

We've also extended our support hours from 24 June to 8 July 2019 to assist you during the EOFY period. Don't forget to check out our EOFY Hub - it's packed with resources to help you through this busy time!
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Posted 1 year ago

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