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My employees have worked in June pay period with my payment date being in July what financial year tax rate should they fall under?

Author Dylan Wong@Microkeeper
Category Payroll
Last Modified 03/07/2024

From ATO PAYG payment summaries information page:

If salary and wages are accrued in the current financial year (prior to 30 June) but paid in the following financial year (on or after 1 July), the full amount of the payment will be taxed at the following financial year's tax rates and included in the following financial year's payment summary.

The Tax Tables are available on the ATO website which you can find here.

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