Many of close down over the Christmas period. With Single Touch Payroll (STP) regulations however, you must file your payroll either before or on payday.

This can run into issues if you are closed for an extended period.  If you have a pay run that falls during that period, you have a couple of options.

1. Pre run your payrolls prior to shut down and file.
2. Apply for an “operational deferral” which allows you to lodge at a later date.

If you prefer option two, your BAS Agent can help you lodge the application, or you can apply for it via the business portal.

If you prefer option one, you can pre run the payrolls and forward date the payments in your online banking. If anything changes that will affect the payroll, a correction pay run can be run upon your return.