STP Finalisation


Single Touch Payroll (STP) changes how you report end of financial year (EOFY) information to your employees and the ATO. You must complete a ‘finalisation declaration’ for your employees’ 2020 EOFY payroll information through your STP-enabled payroll software after your last pay run for the financial year. If you have what we call ‘closely held (related) payees’, you may have a later due date for those closely held payees only.…  Read more