CASHBOOK GUIDE TO THE EOFY
SINGLE TOUCH PAYROLL - FINALISATION
Employers must complete the EOFY Single Touch Payroll (STP) finalisation by 14 July 2025.
STP FINALISATION:
BEFORE YOU START LODGEMENT
PRESS THE REFRESH BUTTON
SUPER GUARANTEE (SG) INCREASE
From 1 July 2025, the super guarantee (SG) rate increases from 11.5% to 12%.
SUPERANNUATION CONTRIBUTION PAYMENTS
Superannuation contributions for the fourth quarter must be paid by 28 July 2025.
Fuel Tax Credit calculation
Practical Systems has a simple method for automatically calculating the FTC. It is an easy way to avoid mistakes when working out the fuel tax credit amount to claim on the BAS because it will automatically include the correct rates. Verify that your fuel tax credit rates have been updated as of 1 July 2025.
Updating the tax SCALES 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 If you feel your tax scales are out of date, please check that you are on the most recent version of Cashbook.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]