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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End of Financial Year 2021 with GovReports

Once again, we are coming to the end of the financial year and so much has happened in the last year it’s hard to believe!

This year we want to remind you of all the tools GovReports has to help you streamline your end of financial year processes. Make the most of the inbuilt tools to maximise productivity and minimise stress.

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GovReports Upgrade – Single Touch Payroll Phase 2

We are rolling out Single Touch Payroll Phase 2!

All employers have to report STP pay events for all employees and closely held payees from July 2021.

The ATO STP Phase 2 was initially planned to start on 1 July 2021 with the compulsory reporting, however, it has been postponed to 1 January 2022 because of COVID-19 impacts on business and software providers.

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