It’s Tax Time Again – Receiving your Payment Summary

30th June 2020

For Employees

The way you receive your payment summary is changing

Many employers are now required to report your pay, tax and super information direct to the ATO each payday, so you can find all your information in one place when you need it. All employers will eventually report this way, and most are.

  • An employer who does report to the ATO this way will not have to give you a payment summary. Instead, you will get an end-of-year income statement in ATO online services through MyGov.
  • An employer who does not report to the ATO this way will still need to give you a payment summary at the end of the financial year (as they have previously).

Your payment summary information will be available in the following ways:

  • ATO Online Services via MyGov
  • Your Employer
  • Via your Tax Agent.

If you have not as yet set up a MyGov account, please follow this link:

MyGov – Create New Account

 

For Employers

If you are enrolled in STPR, the way you finalise your payroll has changed. The links for the new process in both Xero and MYOB are provided below:

Xero – Single Touch Payroll

MYOB – Single Touch Payroll

 

If you have any queries regarding end of year payroll processing, please contact our office – (08) 8431 1644.