You will need to file an annual ‘STP Finalisation’ to the ATO by 14th July. (This replaces providing Payment Summaries/Group Certificates to your staff and submitting the Payment Summary Annual Report (PSAR) to the ATO.)
Staff will not be receiving any documentation from you, they will be able to access details in their MyGov account.
The ATO recommends staff lodge their tax return after mid August.
If any adjustments to payroll are needed jump onto it ASAP, then reconcile payroll accounts and only then submit the finalisation to the ATO.
If you are one of our clients, we will reconcile payroll accounts and prepare STP Finalisation report for authorisation to lodge with the ATO in early July.
