Once again the end of financial year has come around for Australian businesses, and recently passed legislation has changed the tax scales for the coming 2018/2019 financial year. We have updated the tax tables in Saasu with the latest rates published by the ATO. This update, available on all Saasu Australian files, is automatic and without charge – there’s nothing you need to do at your end.
Any payroll transactions entered from 1st July 2018 onwards will use the rates from the latest tax tables to calculate withheld amounts.