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_RAL(I'm new)I'm new
16 July 2021

A number of client PSI companies have adjustments this year (instant asset write off and cash flow boost).

Most have dilligently used STP to report the PSI

The companyies have over reported PSI income through salary via STP with out the knopwledge of hte large adjustments resulting excess personal "salary income".

The STP have been finalised.

How do we adjust the STP/salary after to reduce the income?- not worried about the PAYG paid as the return can be lodged quickly.

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608 views
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Most helpful reply

AriATO(Community Support)Community Support
19 July 2021

Hi @RAL

To amend STP reports after they've been finalised an update event with the correct details needs to be submitted asap. If this can't be done asap then you can submit an update event with the current details but unmark finalisation. This indicates the data still needs to be finalised and will give you time to adjust the figures.

We have information on our website about Amendments after finalisation

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Most helpful reply

AriATO(Community Support)Community Support
19 July 2021

Hi @RAL

To amend STP reports after they've been finalised an update event with the correct details needs to be submitted asap. If this can't be done asap then you can submit an update event with the current details but unmark finalisation. This indicates the data still needs to be finalised and will give you time to adjust the figures.

We have information on our website about Amendments after finalisation

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