In the lead up to the end of the financial year, Xero has shared a handy EOFY Payroll Checklist to help you remember what to review, report on and reconcile to lodge your STP finalisation declaration on time. This is a great resource, which we encourage you to download to make your EOFY Payroll Processing as stress free as possible.
Your tax plan shouldn’t be “set and forget.” Just as your life shifts — from studying and working your first job, through buying property, raising a family, running a business, and eventually retiring — your tax opportunities and obligations evolve too.
A proactive financial check-in early in the year can completely change how the next 12 months unfold. Instead of scrambling at BAS time or feeling blindsided at EOFY, you’re making informed decisions with confidence.
If you’ve heard whispers about “Payday Super” but haven’t quite wrapped your head around it — you’re not alone. This is one of the biggest changes to Australia’s Super Guarantee (SG) system in decades, and it’s coming soon. For employers and employees alike, it’s an important shift.
With your children grown and retirement on the horizon, this is the perfect time to fine-tune your financial position. Strategic tax planning now can reduce your tax, boost retirement savings, and ensure a smoother transition into retirement.
