STP Finalisation Example
Example document for STP Finalisation Declaration. Use this as a reference when creating your own.
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Document: STP Finalisation Declaration
Example Document
Last updated 7/29/2026
STP Finalisation Preparation Checklist
Business Details
- Business Name: Smith's Electrical Services Pty Ltd
- ABN: 12 345 678 901
- Financial Year: 2023-2024
- Payroll Software Used: Xero
Pre-Finalisation Checks
- All pay runs for the financial year have been processed.
- All termination pays have been processed.
- Gross wages figures match general ledger financial reports.
- PAYG withholding totals match the amounts lodged on BAS statements.
- Superannuation calculation is correct for the full year (Pending June quarter payment).
- Reportable Fringe Benefits amounts are entered (Company vehicle).
- Reportable Employer Superannuation Contributions are entered.
Employee Data Review
- Employee names are correct.
- Employee dates of birth are correct.
- Tax File Numbers are valid for all current employees.
- Addresses and contact details are up to date.
Declaration
I, John Smith, declare that the above checks have been completed to the best of my knowledge. I confirm the STP data is true and correct for the 2023-2024 financial year.
- Name: John Smith
- Date: 15/07/2024
- Position: Director
Notes
Annotations:
- Business Details: Ensure the ABN matches the one registered with the ATO.
- Pending Super: The superannuation calculation is checked as pending because the actual payment deadline is 28 July, but the liability must be accrued in the accounts by 30 June for reporting accuracy.
- Fringe Benefits: The user noted the company vehicle. This value must be manually imported from the FBT return into the payroll software before finalising.
- Date: The date is 15 July. As this is a small business (under 20 employees), the deadline is 31 July, so this date is compliant.
About this Example
Part of the STP Finalisation Declaration document collection
Document Type
STP Finalisation Declaration
A statement you submit to the Australian Taxation Office to confirm that you have reported all your employees' payment information for the financial year through Single Touch Payroll.