The media has hardly mentioned it at all, so you may have missed it – New tax tables are effective from the first pay date from 1st July.
Payroll reporting is always based on payment date, the work period doesn’t matter.
Xero will automagically update tax tables, you might have problems if you are still using old desktop software, maybe its time to catapult your business into the cloud?
If you use auto bank payments, make sure you update the scheduled transfers!
