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  • When STP reporting can cease

    You may no longer be required to lodge Single Touch Payroll (STP) reports for a number of reasons.

    These are if your business:

    Depending on your situation, what you need to do will be different.

    No longer employing staff

    If you cease employing staff and continue trading without employees, you must submit a finalisation declaration for all your employees as part of your STP reporting.

    Once you do this we will pre-fill the employees’ income tax returns and display the information as 'tax ready' in myGovExternal Link at the end of the financial year.

    You can make a finalisation declaration at any time during the financial year when you have ceased employing.

    When you have finalised your STP obligations, you can cancel your pay as you go (PAYG) withholding registration to let us know that you are no longer employing staff.

    Note: If you are a sole trader, the requirements will be different.

    See also:

    Closing a business

    If you are ceasing trade, before you close your business and cancel your Australian business number (ABN) you must bring all your lodgment obligations up to date, including STP reporting.

    As part of your STP reporting, you will need to make an STP finalisation declaration for all of your employees.

    Once you do this we will pre-fill the employees’ income tax returns and display the information as 'tax ready' in myGovExternal Link at the end of the financial year.

    You can make a finalisation declaration at any time during the financial year.

    When you have finalised your STP obligations, you can cancel your PAYG withholding registration to let us know that you are no longer employing staff. Once this is done, you should cancel your goods and services tax (GST) and ABN registrations so we know you have ceased trading.

    It is important that you finalise all outstanding STP reporting before you cancel your ABN and your software subscription, in order to meet your STP obligations.

    If you're a company but no longer carry on a business, you can choose to keep your ABN registration. However, you must cancel your GST and PAYG withholding registration and lodge an STP finalisation declaration.

    See also:

    Changes to your business structure

    If your business structure changes, the ABN and branch under which you have been generating your STP reporting may change. If this occurs, you must:

    • finalise your STP reporting under the ABN and branch you have been using for your STP reporting
    • start your STP reporting under the new ABN and branch using zero year-to-date employee amounts.

    Note: It is important to finalise your STP reporting under the ABN and branch before you lose access to it, or it is cancelled or deregistered.

    See also:

    No payments to employees for the rest of the year

    If you won't be paying any employees for the rest of the financial year, or for a period greater than your reporting obligations, you should lodge a 'No requirement to report' notification.

    To lodge using the Business Portal select:

    • Manage employees > STP deferrals and exemptions
    • No requirement to report.

    See also:

    Pausing your business due to COVID-19

    If your business has been paused due to COVID-19 and, currently, you are not employing and not receiving JobKeeper payments, you should lodge a 'No requirement to report' notification.

    To lodge using the Business Portal select:

    • Manage employees > STP deferrals and exemptions
    • No requirement to report.

    See also:

    Last modified: 26 Feb 2021QC 64497