Closing off the last financial year

Being in a new financial year doesn’t automatically close out the previous one.  We know as business managers that there are tax, GST and PAYG matters to deal with as well as superannuation; and the deadlines are getting close for each.

Getting caught out can be a costly experience.  There are some useful checklists available on the ATO website that can be used as part of the organisational governance, compliance and risk management process and which can assist businesses in covering off their ATO obligations on an ongoing basis.

If more help is required we can be contacted for a no obligation discussion, on these or other compliance matters, via our website at

The Compliance Essentials Team