If you have 19 or fewer employees, you have until 31 July 2020 to make an STP finalisation declaration. This declares you have provided all required information for the financial year through your Single Touch Payroll (STP) reporting. This does not apply to employers with closely held employees who are not yet required to report via STP. Before you make a finalisation declaration, you need to make sure that your STP information is correct. Once this is confirmed you can make a finalisation declaration by providing a finalisation indicator for an employee (and directors, etc.) as part of your STP reporting. Once you have provided the … Continue reading STP Finalisation Declaration
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