Single Touch Payroll (STP) changes how you report end of financial year (EOFY) information to your employees and the ATO. You must complete a ‘finalisation declaration’ for your employees’ 2020 EOFY payroll information through your STP-enabled payroll software after your last pay run for the financial year. If you have what we call ‘closely held (related) payees’, you may have a later due date for those closely held payees only.…  Read more

Did you come back to work and realised you have issues with Xero payroll? Well, there’s nothing wrong with the actual Xero payroll, but the ATO rules around salary sacrifice and superannuation have changed from 1 January 2020. Legislation changes from 1 January 2020 and how will Xero payroll cope From 1 January 2020, salary sacrificed super contributions can’t be used to reduce your super guarantee obligations, regardless of the amount…  Read more