Amidst the disruption of COVID-19 and a flurry of activity to keep up with JobKeeper, another Australian End of Financial Year is nearly here!
Registrations are now open for our 2020 EOFY webinar, which will guide users through common processes with Sybiz Vision.
For many businesses this will be their first year finalising their Single Touch Payroll reporting with Final Event Indicators, and we will also be covering how to manage this important process in Sybiz Visipay.
We have recently changed platforms for streaming our live webinars, so we recommend reading our
Webinar Help information if you require any help with registration or attendance.
Preparing now for EOFY
If you haven’t already, now is a great time to share with your staff our Employee Information Poster which helps them to understand changes to their tax time lodgements due to Single Touch Payroll.
We also recommend all users upgrade to the latest version of Sybiz Vision and Sybiz Visipay before the End of Financial Year to ensure they are able to take advantage of the latest enhancements.
Due to a delay in the handing down of the budget from the Federal Government, there is no update to tax scales expected until later in the year. However, rates and thresholds for study and training support loans (e.g. HELP, SFSS) will be updated from 1 July 2020. All Sybiz Visipay users should receive a notification in their software when new tax scales are available.