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July 2023 Key Dates for Business

๐Ÿ“ฃ Attention Australian Small Business Owners! ๐Ÿ‡ฆ๐Ÿ‡บ

As we welcome the new financial year, HelloLedger is here to guide you through the key dates and tasks for July. ๐Ÿ—“๏ธ

๐ŸŽ‰ July 1st: Start of the 2023-24 financial year! ๐Ÿฅณ

It's time to reset your financial goals and gear up for another successful year ahead.

๐ŸŒŸ Superannuation Guarantee rate increase ๐ŸŒŸ

Starting from July 1st, 2023, the Superannuation Guarantee rate will increase to 11%. Make sure to update your systems to reflect the new rate for employee super payments.

๐Ÿ“‘ Time to prepare your 2023 tax returns! ๐Ÿ“Š

With the financial year ended, it's crucial to start organising your records and documents to ensure a smooth and hassle-free tax return process.

๐Ÿ‘ฉโ€๐Ÿ’ผ๐Ÿ‘จโ€๐Ÿ’ผ Finalise employee wages reporting under Single Touch Payroll (STP) ๐Ÿ’ผ

Remember to submit your end-of-year payroll information through STP by July 14th. This ensures accurate reporting of your employees' tax and superannuation information to the ATO.

๐Ÿ’ฐ Update your payroll for Fair Work National Minimum Wage increases ๐Ÿ“ˆ

From July 1st, don't forget to adjust your payroll systems to reflect the new Fair Work National Minimum Wage rates. Ensuring compliance with the updated rates is crucial for your business.

๐Ÿ”„ Considering a change? Now's the perfect time! ๐Ÿ”„

New financial year, new opportunities! If you're thinking about switching accountants, there's no better time than now. At HelloLedger, we provide expert accounting & tax, bookkeeping and vCFO services tailored to your small business needs.

Reach out to us at HelloLedger for a free consultation, and let's make the 2023-24 financial year your most successful one yet! ๐Ÿš€


๐Ÿ“ž 1300-145-210

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