We understand that many businesses close during December or January for a Christmas break. If you are Single Touch Payroll (STP) reporting, you may need to lodge payroll information before you close.
Here are your reporting options for the Christmas period:
You can submit multiple pay runs before you close if one or more pay runs fall on a day during the period you are shut. If you need to make change to any payroll information you have lodged you need to make them in the next pay run after you re-open.
If you would prefer to report when you re-open, you need to apply online for an operational deferral before you close. To apply for this, you would need to login to your Business Portal, select ‘Manage Employees’ then ‘STP deferrals or exemptions’.
The information contained on this website and in this article is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Taxation, legal and other matters referred to on this website and in this article are of a general nature only and are based on our interpretation of laws existing at the time and should not be relied upon in place of appropriate professional advice. Those laws may change from time to time.
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