Tax time planner for small business

Get ready. The new financial year is nearly here!

MYOB has intelligent, intuitive tools to make your business life easier

Try Free

Select a date to find out what you need to do this tax time

May 27
Jun 29
Jun 30
Jul 13
Jul 27

May 28

FBT due today.

Fringe Benefits Tax (FBT) is a tax payable by employers for benefits paid to an employee.

The fringe benefits are reportable if the total taxable value of the fringe benefits you provided in the fringe benefits tax (FBT) year (1 April to 31 March) exceeds $2,000.

If this applies to your business, your annual Fringe Benefits Tax return is due today – so make sure you don’t forget!

To do

Submit payment for annual Fringe Benefit Tax return (if applicable)
Find out more about FBT
Pay Fringe benefits tax annual return
Lodge the Superannuation guarantee charge statement – quarterly and pay the super guarantee charge for quarter 3, 2016–17

We’ve made tax time less taxing

New to accounting software?

Explore our online accounting products to help you save time and keep control of your finances.

Already with MYOB?

Update your software to stay ATO compliant

June 30

End of financial year lodgement

The end of the financial year has arrived – and there’s plenty to do. Businesses need to start tying off loose ends for the old financial year and prepare for the new.

If this applies to your business, your annual Fringe Benefits Tax return is due today – so make sure you don’t forget!

To do

Super guarantee payments need to be processed before 30 June to quality for a tax deduction in the 2016-17 year.
Prepare for a stocktake and ensure all transactions have been recorded.
Prepare your employee Payment Summaries.
Download and read our free EOFY checklist and make sure you’re on track to start fresh in the new financial year.
If you haven’t already, prepare your payment summaries (they need to be given to employees by 14 July)

We’ve made tax time less taxing

New to accounting software?

Explore our online accounting products to help you save time and keep control of your finances.

Already with MYOB?

Update your software to stay ATO compliant

July 01

The new financial year begins – look at our checklist for what you need to do!

Single touch payroll (STP) begins 1 July 2017! Here’s what you need to know:

Employers with > 20 employees must comply by 1 July 2018
Employers should take an employee headcount on 1 April 2018
Employers with < 19 employees can comply as updated solutions are available.

MYOB will be working closely with the ATO to deliver STP by 2018.

To do

If you use AccountRight or AccountEdge:

Close your payroll year
Install your compliance update (if applicable)
Update your tax tables before your next pay run (if applicable)
If you use MYOB Essentials or Essentials Accounting:
Everything is handled automatically for you.

We’ve made tax time less taxing

New to accounting software?

Explore our online accounting products to help you save time and keep control of your finances.

Already with MYOB?

Update your software to stay ATO compliant

July 14

Employee PAYG withholding and Payment Summaries due

First thing’s first – if you haven’t already, provide payment summaries to your employees so they can lodge their tax returns.

By law, employees need to have received these by the end of today, so make this a priority!

To do

If you use AccountRight or AccountEdge:

PAYG Payment summaries for anyone paid salary, wages or compensation of any type are due
Make sure you keep all of your data for the ATO

We’ve made tax time less taxing

New to accounting software?

Explore our online accounting products to help you save time and keep control of your finances.

Already with MYOB?

Update your software to stay ATO compliant

July 28

Don’t forget your quarterly PAYG and/or GST instalment notices, as well as any necessary PAYG and FTB instalments.

To do

If you use AccountRight or AccountEdge:

PAYG & FTB instalments for the June 2017 quarter

We’ve made tax time less taxing

New to accounting software?

Explore our online accounting products to help you save time and keep control of your finances.

Already with MYOB?

Update your software to stay ATO compliant

Want to know more?

We have the tools to help make tax time easy!

Get your free eBook on small business tax

In downloading this ebook, you’re also consenting to receive emails from MYOB to help your business, including promotional emails and special offers. You can unsubscribe from these emails at any time. Privacy Disclosure Statement

Try MYOB Essentials to make your tax time easier

Automatic updates

Essentials updates automatically everytime there’s a tax change. You’re always compliant, always ready to go.

Save time

Your cashflow and outstanding invoices at a glance, reports at the click of a mouse and seamless payroll. Essentials makes things quick and easy.

Check the books anywhere

Work together with your bookkeeper without having to be in the same place. Meeting your tax obligations has never been easier.

Looking for accounting software?

We have a solution for every
stage of your business.

Explore our products >

Stay compliant. Update your software.

Updating is simple – all you need is your email address or serial number.

Update your software today >

Looking for accounting software?

For EOFY questions, visit our community forum or online help.

Or find a partner today >

Hone your MYOB skills this EOFY with our classroom training courses

Find out more

Are you an accountant or bookkeeper?

Find the right tax time solutions for your practice and your clients

Learn More

Google Rating

4.8

Based on 22 reviews

SouthEast IT

4.8

Chloe Juresko

1681450862

SouthEast IT helped us with technical support on short notice for a really important project! They provided reassurance, fast communication and delivered our data back within days. Highly recommend!

Marcus Barlow

1680735947

I was put in charge of a project for the Family Law firm I work for, CFLS, to migrate our emails to Microsoft 365. I dealt with Darcy mostly and the other team at SouthEast IT. I was very impressed with the email migration, it went off pretty much with zero issues, and was quick and easy for us. Also they were always happy to help any of us with any issues that we had that other IT firms would have charged for. Also the quote was very competitive and Darcy and his team didn't want to put us on a contract where we paid monthly for IT services, like all the other companies I contacted about the email migration. Darcy and his team understood all of our business needs very intuitively, and were a pleasure to work with. I highly recommend SouthEast IT and we will certainly be using them for any IT issues in the future. Great job done!

Nick Sanders

1677818622

This place has to be the friendliest MSP around. Everyone is in a perpetual state of happiness, knowing that they have helped their customers to the best of their ability. Very knowledgeable and efficient service and support. I would highly recommend them.

Carmen Walker

1669332348

Fantastic and responsive service, would recommend to all. Jackson is always considerate, thoughtful and knowledgeable, especially in times of crisis.

Jackson Wood

1663054179

Excellent customer service for all IT needs. I've been blown away with the support given by SouthEastIT as I needed help with my laptop not booting properly. One call and I was able to take it to their office and have it fixed like new by the end of the day! Would highly recommend.

Scott Booth

1662429024

Recently had Rob come around to set up our new internet service.He was incredibly helpful and problem solved a few issues quickly without fuss.Great work from the South East IT Team

Triangle Waterquip

1607321679

When our emails crashed on a Friday it was pretty stressful considering we had just terminated a support plan with our previous IT companyI contacted the company who had been handling our IT through the day but no luck...When it got to 5:30pm I thought I would try someone locally and gave South East IT a call, what a great decision that turned out to be! Within 10 minutes of talking to Chris I knew this company was the company I wanted handling our IT Support.He was about to walk into a meeting and told me he would have someone call me asap, within 30 mins not only had they called me they had fixed the problem completely.Since then we have had them Migrate our email server to 365 and every single time I've emailed or called Craig for support no matter how big or small the query he has been fantastic. He always returns calls and emails in a timely, polite and professional manner and goes above and beyond to make sure the customer is happy.I would highly recommend this company

Dano Arbon

1596046809

Great place to have all your IT work done. I have been working with SouthEast IT sometime now. They are great to work with and are prompt at responding to my requests. They certainly know what they are doing when it comes to all things IT, including stuff like business emails, Cloud work, office 365, networking, file-sharing, and even MYOB services, etc... If you're in the Melbourne area and need these types of services for your business, then I'd give them a call. Thanks.

Tax time planner for small business