Help your clients soar through EOFY
Keep up-to-date with IR compliance changes and boost your expertise with our EOFY resources. Access key compliance changes, software updates, helpful courses and more.
Compliance changes for the 2023-24 Financial Year
PAYE
- Software improvements to the number sequencing and wording in the associated rules related to extra pay on secondary income - no actual calculation change
ACC Earner Levy
- From 1 April 2023, the rate will increase from $1.46 to $1.53
- From 1 April 2023, the maximum liable earnings threshold for both employees and self-employed people will increase from $136,544 to $139,384
- From 1 April 2023, the minimum liable earnings threshold for self-employed people only will be $43,349
Student loans repayment thresholds
- From 1 April 2023, the annual threshold will increase from $21,268 to $22,828
- Rate for primary income remains at 12% on income over the threshold and secondary income remains at 12% in all income i.e. threshold does not apply
Payday Filing
- FileUpload - no changes
- Gateway - software changes will be made to increase the reference ID field of the unique line identifier to 50 characters
Keep your practice software up-to-date
The latest version of MYOB Accountants Office (AO) and Accountants Enterprise (AE) will be available to download through my.myob before 31st March, 2023. Check back for updates.
Preparing for a new financial year in MYOB Accountants Enterprise (AE)
Preparing for a new financial year in MYOB Accountants Office (AO)
Printing 5 year fee reports for clients and/or partners (2023)
Practice Manager report packs/additional reports
Preparing your MAS, accounts and asset ledgers for the new financial year
Preparing for the new financial year in Document Manager
Academy courses
EOFY with MYOB Business and MYOB Essentials (New)
Learn how to:
- Create access for an advisor
- Reconcile your bank account with bank feeds
- Fix errors using the Exceptions dashboard
- Enter year-end adjustments
- Start a new financial year
EOFY with MYOB Essentials
Learn how to:
- Create access for an advisor
- Reconcile your bank account with bank feeds
- Fix errors using the Exceptions dashboard
- Enter year-end adjustments
- Start a new financial year
EOFY with MYOB AccountRight
Learn how to:
- Create access for an advisor
- Reconcile your bank account with bank feeds
- Fix errors using the Exceptions dashboard
- Enter year-end adjustments
- Start a new financial year
End of payroll year with MYOB Business
Learn about:
- What you need to know and do before finalising
- Reconciling to the IR
Webinars
Reconcile your client's accounts and get ready for end of financial year
Get a refresh on the steps to reconcile your client's accounts in MYOB Business or MYOB AccountRight. Learn about useful reports, and partner tools to make the process straightforward, and prepare your clients for the financial year ahead.
Simplify your payroll at year end with MYOB Business Payroll Only
Get an introduction to MYOB Business Payroll and streamline payroll processing. Understand the steps to reconcile your payroll and get ready for end of payroll year. Learn about useful reports and tools to make the process straight forward.
More resources to help answer your tax time questions
A universe of answers
For more information, visit our MYOB Community, where you can join the conversation around all things tax, payroll, EOFY and more. Find answers and guidance from the collective wisdom of our growing community.
Learn more