Employers: The impacts of COVID-19 may mean you need extra time to complete your Single Touch Payroll finalisation, so we’re giving you until 31 July if you need it. If your employees’ data is ready now, it’s best to finalise by 14 July. Remember to let your employees know when you have finalised their data so they can lodge their income tax returns.
Employers: The super guarantee rate increased from 9.5% to 10% on 1 July 2021. Make sure your payroll and accounting systems are updated to incorporate the increase to the super guarantee rate.
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