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eroshair
Level 1
posted
‎July 24, 2020 02:53 PM
last updated ‎July 23, 2020 9:53 PM

With using single touch payroll, do I still need to give my employees payment summaries at end of financial year?

 
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1 Comment 1
Steven_Product Champion
QuickBooks Team
QuickBooks Team
‎July 24, 2020 03:36 PM

With using single touch payroll, do I still need to give my employees payment summaries at end of financial year?

Hi eroshair,

 

Thanks for contacting Intuit Quickbooks Online. Unless your business has applied for an exemption from reporting STP for the financial year, your employee's payment summaries (now known as income statements) will be published to their online MyGov portal for them to access once the Finalisation Event is submitted. You can click here to see how income statements have changed for businesses via the ATO website. You can click here also for a step by step guide for creating and lodging a Finalisation Event or here if you need to amend your Finalisation Event after lodging. 

 

-Steven

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