NEW - Click Here for a link to the ATO Magnetic Media Form

NEW - Click Here for a link to the ATO Taxable Payment Annual Report Form (applicable to the Building & Construction industry)

Please Print, Read and Apply The Following Procedures

(before installing the Reckon Accounts 2015 Tax Table Update)

The following information is an extract of the procedures advised by Reckon in relation to the 2015 Reckon Accounts Tax Table Update - You will need to be a current Reckon Customer who has Reckon Accounts 2015 installed and licenced and you will need to be an eligible Reckon Customer who is entitled to access to the update which is accessed via use of your valid Reckon ID and PIN?

The following information is also contained at the web address 

Install and Upgrade Guide for Reckon Accounts 2015 Tax Update

The Reckon Accounts 2015 Tax Update for desktop users is now available. Reckon Accounts 2015 Hosted R2P will be available to all users from Thursday 25 June 2015.

The releases contain compliance updates for the 2014/15 financial year, including:

• Tax Tables - HELP, SFSS and PAYG Withholding tables have been updated
• Fix to the Price Levels issue encountered in the Reckon Accounts 2015 R1 upgrade
• New SueperStream Alternative File Format (SAFF) built into the software 

Further details about these updates and other compliance changes you should be aware of are included in the upgrade guides:

Please also follow the advice in the guides when upgrading.

Please Note: This years Tax Table Update is referred to as Reckon Accounts Business Range 2015 R2P.  

When to upgrade

Where the pay date is 30 June 2015 or earlier, all employee pays need to be processed using Reckon Accounts 2015 R1 - do not install the 2015 Tax Update until these are complete.

All employee pays dated 1 July 2015 or later Reckon recommend that these be processed using Reckon Accounts 2014 R2P (ie Reckon Accounts 2015 R1 with the Tax Update installed). However given that this year there are only limited changes to the Tax Tables (no changes other than those that are subject to Student HELP and SFSS repayments indexed for CPI) there is no practical requirement to load the tax table update prior to processing your first pay for 2015/16 unless you have employees effectedby these changes. 

INB Payment Summaries, ETP and EmpDupe files. Your annual INB Payment Summaries can be prepared and generated using either Reckon Accounts 2014 or 2015 version before or after the Tax Update is installed (i.e. Reckon Accounts 2015 R2P).
 

How to access the update and when will it be available

Reckon Accounts 2015 Hosted R3

This release will be available to all users from approximately 4pm AEST (Thursday, 25 June). When logging in after that time, you, and all users on your Hosted account, will see a second icon for the R3 release.

Reckon Accounts 2015 Tax Table Update (for desktop clients)

Available from Reckon website (from 25 June 2015) or simply click on the folowing box to automatically start the download now.

Other Important Points Regarding Your 2015 Payroll End of Year

ATO Letter Advising No Longer Accepting EMPDUPE Files on CD or USB

You may have received a letter from the ATO advising that they will no longer be accepting the Annual Employer Payment Summary Report (EMPDUPE File) via CD or USB. After some detailed discussions with the ATO we can confirm that YOU CAN still send your EMPDUPE file via CD or USB together with the Magnetic Media Form - this will still be the case for the 2014 and 2015 years. However if you have an AUSkey then you may find it more efficient to lodge electronically - more details regarding the AUSkey and lodging online can be found here.

Reckon Accounts 2015 - Tax Table Update

Now Released - the Reckon Accounts Tax Table Update can only be installed after you have already loaded and registered your 2014 Reckon Accounts software (for Reckon Accounts Hosted users - Reckon will be providing a separate icon, available at the time of login to the service). it is important not to load the Tax Table update until you have fully completed your last pay run for the 2014/15 financial year (please note this usually based on the day that you normally pay the employees - not the pay week ending - so if you pay employees on the 1st of July for the week ending the 30th of June then this pay would be considered as a part of the next financial year). 

QA - Reckon Account Payroll End of Year Manual & Cheklist Still Available

Your essential guide to the End of Year Payroll reconciliation process is still available (including checklists) - More details here