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End of payroll year tasks

At the end of the payroll year (EOPY), all you need to do is finish paying your employees for the year, check your payroll data and finalise with the ATO.

Remember, you need to finalise your payroll information before the ATO deadline, which is typically July 14.

Need some guidance?

Check out our end of payroll year tasks MYOB Academy course or the EOFY hub for key end of year dates and resources.

Your business should now be using Single Touch Payroll (STP) Phase 2 reporting to stay compliant with the ATO. If you haven't moved to STP Phase 2 yet, get set up now.

What happens now?

That's it – you're done for another year! No need to prepare payment summaries (STP replaces the need to do this), and the 1 July tax tables have been downloaded for you, ready to use. Also, the super guarantee rate increases to 11% on 1 July 2023, but we have you covered – find out how to automatically stay compliant with your superannuation obligations.

See you in 12 months...

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