Get Ready for the Changes to Super Coming in July 2022

Is Your Business Ready for the Changes to Superannuation Coming in July 2022?

There are several recent and upcoming changes to superannuation obligations that employers need to be aware of. While some of the changes may impact your payroll costs, GovReports will automatically take care of the changes in the background so you can carry on processing payroll.

Statutory Rate Rises to 10.5%

The super rate continues its planned increase to 12% in 2025, this year increasing to 10.5% from 1 July.

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Welcome to 2022 with GovReports

Happy 2022! We hope it’s started well for you after a well-deserved summer break.

The Chinese New Year starts on 1 February – along with our 2022 webinar series!

This is the year of the Water Tiger. It’s all about courage, being active, enjoying challenges, undertaking adventures, and making changes. There will probably be more transformations to business under the watchful eye of the tiger!

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ATO Client Communications Feature Strengthens Client Relationship One Alert At A Time

In an era of information overload, having the right information at your fingertips is key to managing a client relationship and providing trusted advice.

As you would be aware, the ATO currently send to your clients information in 6 different ways – paper, email, SMS, ATO Online, Agent Digital and through myGov. 

While you have access to this information in Online Services, GovReports have now added a smart and convenient ATO Client Communications feature that centralises all of this information from the various channels.

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Get Started with GovReports Single Touch Payroll Phase 2

We are pleased to announce we have released Single Touch Payroll Phase 2 well ahead of the government reporting deadline.

The ATO STP Phase 2 was initially planned to start on 1 July 2021; however, it has been postponed to 1 March 2022 because of COVID-19 impacts on business and software providers. Some software providers have requested even further deferrals for the start implementation date – but we’re ready to go right away.

The ATO can accept STP Phase 2 data now – we recommend you transition from GovReports V1 to V2 and get ahead of the curve. If you convert to V2 today, you’ll have plenty of time to become familiar with the new reporting and get all the GovReports technical support you need.

STP Phase 2 reporting has been a huge project for our excellent development team – it’s not just a matter of adding a few extra fields; it’s a whole new way of reporting to meet the ATO’s requirements. 

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