STP - End of year processing
If you are Single Touch Payroll (STP) enabled, you do NOT need to provide Payment Summaries to your employees or the Payment Summary Annual Report (PSAR) to the ATO.
If you started STP reporting in a prior year, you will instead need to process a Final event for the 30 June 2024 year by 14 July 2024.
Employees can access their finalised Income Statements from their myGov account.
Cloud Payroll Clients
If you would like to process superannuation payments before the normal debiting schedule, please see the following instructions. We recommend you process this 10 working days before the end of the financial year to allow the debit to clear and give funds time to allocate payments.
Here is an end of financial year checklist with steps to assist with your reporting requirements.
If you have any questions, please contact us.