CASHBOOK GUIDE TO THE EOFY
SINGLE TOUCH PAYROLL
Employers must complete the EOFY Single Touch Payroll (STP) finalisation by 14 July 2024.
SUPER GUARANTEE (SG) INCREASE
From 1 July 2024, the super guarantee (SG) rate increases from 11% to 11.5%.
SUPERANNUATION CONTRIBUTION PAYMENTS
Eligible employees must be paid their superannuation for the fourth quarter by 28 July 2024.
Fuel Tax Credit calculation
From 1 July 2024, log into Payroll and you will be prompted to update your tax scales. It’s that easy!
Updating the tax tables in payroll
Updating the tax scales in Cashbook happens automatically. You will receive a prompt next time you go into the payroll section. If you feel your tax scales are out of date, please check that you are on the most recent version of Cashbook.
Year-end processing (Rolling Over)
Cashbook remains open for the purposes of adding, editing, and deleting transactions for the whole of the financial year, plus one extra month. You must perform Year-End Processing before you can enter data for the next financial year.
If you have any questions regarding the above communication or any of our services, please contact our office today on 1800 624 688 or email [email protected]