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.
The 2022 EOFY Tax Reporting Obligations for Businesses
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