3. End-of-year finalisation Now you're using Single Touch Payroll, end-of-year is much easier. Instead of payment summaries, you just need to confirm that the data you've already sent is final and correct. You can also enter reportable fringe benefits amounts (RFBA) at this step. Once you've finalised your Single Touch Payroll information, your employees will be able to pre-fill and lodge their tax returns in myGov. See: End of year finalisation with Single Touch Payroll reporting >> |