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pwaters's avatar
2 years ago

Single Touch Payroll

When finalising the payroll in STP function for the yer ended June 2022 I stupidly hit the finalise for the year ended June 2023.   I did finalise for the year ended June 2022 but how do I undo the finalisation for the year ended June 2023 because the ATO may think the employment of the workers has finished, whereas they are still working for the company. 

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  • Hi pwaters 

     

    Don't stress about this, as soon as you lodge your next STP Report, this will 'undo' the finalisation. Finalise doesn't mean terminated, it simply means this is the 'final' report for the year and MyGov portal can show Tax Ready. If next report does not show Final, MyGov portal will change to Not Tax Ready.

     

    Regards

    Gavin