30 June 2026 - STP Finalisation
STP Finalisation 2026: What Employers Need to Know Before EOFY
As we approach the end of the 2025–26 financial year, employers should begin preparing for an important payroll obligation — Single Touch Payroll (STP) Finalisation.
STP Finalisation is the process of confirming that all payroll information reported to the Australian Taxation Office (ATO) throughout the year is complete and accurate. Once finalised, employees can access their income statements through myGov and begin lodging their tax returns.
For employers, this is an important end-of-year compliance step that should not be left until the last minute.
Before finalising, businesses should ensure payroll records have been reviewed carefully, including employee wages, PAYG withholding, superannuation obligations, allowances, leave balances and any employee terminations processed during the year.
STP Finalisations for all employees must be submitted to the ATO by the 14th of July 2026 through your accounting software
Please see finalisation guides below for Xero & MYOB.