STP ‘finalisation declaration’ due soon
Dan Wade • September 23, 2020
STP 'finalisation declaration' due soon
As part of NFPs' single-touch-payroll obligations, they are required to finalise employees' 2019–20 end-of-financial-year payroll information by 31 July if they have 19 or fewer employees and 4 July if they have 20 or more.
NFPs will need to make a 2019-20 'finalisation declaration' through STP-enabled software. Payment summaries to employees and lodging a 'payment summary' annual report to the ATO are no longer required.
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