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Lodging Payment Summary Annual Reports online with payroll

Posted 4 years ago in Advisors by Oliver Furniss
Posted by Oliver Furniss

We’ve released updates today in payroll make it even easier to manage your end of financial year for Australian payroll. We’re holding free online payroll training sessions to get you ready and give you an opportunity to ask any questions. Book now to make your payroll end of year as easy as possible.

Payment Summary Annual Report

You can now lodge your payment summary annual report online from payroll. If you’re an employer you need to lodge this report with the ATO each year. Your report includes all the payments you made to your employees and the tax which was withheld. You can make it easier for your employees to lodge their tax returns by lodging your report early and electronically.

Lodging your payment summary annual report online from payroll is the quickest and most secure way to meet your obligations. All you need to lodge online from payroll is an AUSKey. This is a secure login that identifies you to the government on behalf of a business. For more information access our Help Centre guide.

Payment Summaries can be emailed to your employees from payroll or made available for them to download from My Payroll. They need to be issued to your employees by the 14th July and the annual report lodged with the ATO by the 14th August.

Updates for Auto-Super

We’ve also released a number of changes to further enhance Auto-Super in payroll including:

  • Changes to ensure your compliance with the SuperStream data requirements.
  • The ability to include a negative super accrual to ensure that any adjustments made, e.g. overpayments, are included within the total super payment owing for that employee.
  • Plus other smaller tweaks you won’t see like support for international phone numbers when using SMS authentication.

Starting the new financial year ready to go

The Superannuation Guarantee (SG) rate increases from 9.25% to 9.5% on the 1st July. Moving relevant employees to the new rate has been automatically taken care for you so you don’t have to do anything in payroll. We’ve also updated the payroll tax tables as we do every year so you don’t have to worry.

If you like what you see and haven’t yet made the change to Xero check out our conversion partners or contact to one of our certified advisors. We have some exciting updates coming soon to Payroll and we’ll share these with you as soon as they’re ready.

For full details please check out our release notes.


Anthony Wardley
June 25, 2014 at 4.09 pm

Yay for the negative super accrual being able to be “paid”. This is a small thing but comes up occasionally and will definitely help out without requiring help at Xero’s end.

Zoe Kosky
June 25, 2014 at 4.42 pm

Thanks Xero! I was dreading having to deal with the ATO portal for all my clients summaries this year! With the portal down every other weekend and the slow connection it is never easy dealing with the ATO online. Thanks again for making our life easier!

Elizabeth Salter
June 25, 2014 at 5.47 pm

Thank you, thank you, thank you! I’ve been looking forward to these releases in particular.

Ed Henry
June 25, 2014 at 8.30 pm

Awesome guys! Thanks for all the updates. We just keep getting better and better.

Jennie Smith
June 26, 2014 at 3.34 pm

Great feature to lodge within Xero using our Auskey. Beautiful. BUT….. where is a receipt of lodgement for the whole payment summaries, where is the audit trail report, where is some evidence that you can print or save that its been done. Hovering over a pretty green folder is lovely but really not good enough. How does a bookkeeping business prove to their client that its been lodged, time stamp and receipt (eg. like in Practice Manager with BAS lodgements). You give a TFN lodgement a History trail. Don’t you think there should be one for Payment Summaries???

Oliver Furniss
June 27, 2014 at 5.25 am

Thanks for the feedback everyone.

@Jennie agree and thanks for the feedback. I will add this to the list of updates for consideration in a future update.

Jenny Waugh
July 6, 2014 at 9.31 pm

I’m a bit weirded out not getting some form of receipt or report to verify the lodgement has been done. I’m concerned that accountants will be looking for this in EOFY workpapers. Please can we have something in the way of a verification report or like very soon?

Jane Cummins
July 9, 2014 at 12.31 pm

Yes I agree – but the confirmation has to be more than just an “update for consideration”. To be honest even though lodging through Xero is so seamless I’m inclined to lodge another way just to get the confirmation receipt.

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