But be sure to let your employees know in case they’ve already done their tax return based on the original values submitted.Ģ. This will overwrite the original values submitted to the ATO. If you find a mistake or need to do another payslip with a payment date 30/6 or before, you will then need to submit an updated Final STP file by following the same process. What if I find a mistake after I’ve submitted the Final STP? Remember to do this by the ATO deadline of 14 July 2023. Or, if you need a hand, take a look at this detailed help guide on Submitting Your Year-end STP File Just go to the STP screen, click the banner and follow the on-screen instructions. means your employees can do their personal income tax return, which is pre-filled with amounts from the Final STP file.marks their income statement in their myGov account as ‘Tax Ready’.confirms the final yearly values with the ATO for each employee.There is no need to 'split' any payruns in two across the financial year. Note that a payslip that contains work days before and after 30/6 but with a payment date in July is considered by the ATO to be in the next financial year. You should do this once you've completed all payslips that have a payment date of 30/6 or earlier. This replaces manual payment summaries of the past that are no longer required. Once you’ve completed all your payslips for the year just ended, you need to send a Final STP file by 14 July 2023. The Superannuation Guarantee rate has changed to 11% from 1 July.ġ. There are two things to be aware of for the end of financial year:
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