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New Australian PAYG tax tables apply from 1 July 2019. Install this update to ensure your business stays compliant.
We also fixed an issue where the wrong form (or default form) was used when printing or emailing.
Tax rates and income thresholds changes
There have been no changes to tax rates or income thresholds for the 2020 payroll year.
The HELP/SSL/TSL tax tables will be renamed 'Study and training support loads tax tables' and will cover HELP. VSL, SFSS, SSL, ABSTUDY SSL and TSL.
Now you can update your STP details in AccountRight, without having to call MYOB or the ATO.
In the Payroll reporting centre, click ATO settings to update your name, phone number, and email. To update your ABN or Software ID, click STP Settings and follow the prompts. Find out more.
Compliance can be a headache, especially with a lot of employees. To take some of the pain out of this tax season, we’ve created a new report to help you verify the details you’re recording with the ATO. Find out more.
Now you can see the totals for Gross payments, PAYG withholding, RFBA and Section 57A RFBA at a glance from the Payroll reporting centre by scrolling down to the new totals row.
Fixed: We fixed an issue preventing custom forms and reports being saved and an issue where the wrong form (or default form) was used when printing or emailing.
Complete these steps before your first pay run in July 2019:
To check that the tax tables have loaded successfully, open your company file, go to the Setup menu and choose General Payroll Information. The tax table revision date needs to be 01/07/2019.
Our EOFY videos are just what you need.
We’ll also have a team of EOFY experts ready to answer your questions at selected times during June and July on Live Chat.
If you’re using AccountRight Plus or Premier in Australia, you'll be prompted to update when you open your company file over the next few days, or you can download the update from my.myob.com.au .
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