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’ve recorded with the ATO.
The Year-to-date verification report is a summary which shows you the totals for each ATO reporting category for all employees in a financial year.
Before this report, the only way to get these figures was to download the Summary of payments report for each employee and manually calculate the totals.
To download the report, go to the EOFY Finalisation tab in the Payroll reporting centre and click YTD Verification report.
Totals at a glance
Now you can see the totals for Gross payments and PAYG withholding at a glance from the Payroll reporting centre.
Scroll down to see totals for Gross payments, PAYG withholding, RFBA and Section 57A RFBA in the new totals row.