2022 EOFY Tax Reporting Obligations for Businesses

With the arrival of the new financial year, businesses should now be focusing on their 2021/22 EOFY tax reporting obligations, plus superannuation changes that apply from 1 July 2022 and other EOFY procedures. Our July monthly SME tax update covers a number of EOFY reporting obligations including, (1) Super changes that apply from 1 July 2022 and the changes that are required to systems and processes (2) End-of-year finalisation through single touch payroll (3) Lodgement of taxable payments annual report (4) Payroll tax annual reconciliation and (5) Other EOFY procedures.


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