When Will I Receive my Payment Summary?

The way employers are required to report your tax information has changed.

In 2018, the government introduced a new initiative called Single Touch Payroll (STP) which is a reporting requirement for employers.

Each day, after we have paid you, we submit your tax information to the ATO. This will enable you to obtain your Payment Summary Information, now referred to as your Income Statement, at any given time by logging into your MyGov account and selecting ATO.

Your tax information does not need to be finalised, or "Tax Ready", until the 14th of July. If for tax purposes, you require your information sooner and you agree with the figures that are stated (by comparison to the YTD information on your final payslip for the Financial Year), you may use this information before it is marked Tax Ready.

We cannot guarantee that this information will not change prior to being finalised, however, it is highly unlikely any changes will occur.

For more information regarding this initiative, please refer to this link to the ATO website.