Australian payroll update for FY 2016
June 24, 2015 by Marc Lehmann
It’s that time of the year again. End of financial year is almost here for Australian businesses and at Saasu we are updating everything behind the scenes to keep it simple for you. Below are the Saasu compliance changes as of 1 July 2015 which have gone live.
- PAYG changes to support the next financial year. From 1 July 2015 any payrolls entered with the payroll date of 1 July 2015 onwards will use the new tax tables.
- EMPDUPE file format changes to update to the latest specification. This is the file containing Payment Summary information you submit electronically to the ATO.
- Superannuation changes to support the rates for next financial year. IMPORTANTLY, if you are using custom Pay Items for Superannuation you will need to update those rates yourselves as Saasu only updates the standard built in Pay Items.