STSL Payment when I do not have one

Question

EmilyATO · Accepted Answer

Hey No need to worry. You're correct in saying you'll need to wait until the end of the financial year. When lodging your tax return for 2021 we will balance the total amount of tax payable including any STSL. We'll then deduct all amounts reported by your employer as withheld from your income in that financial year (tax and STSL) and refund any overpayment. If you previously had a STSL and you've paid it off, make to notify your employer by completing a Withholding declaration and selecting 'No' at Q6. Hope this helps!

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