STP – What to Correct

The correction involves a payment subject to withholding

If an additional payment is made and is subject to withholding then the employer is required to report in a pay event.

The correction involves a payment NOT subject to withholding

Payments not subject to withholding are not reportable.

Misclassification with no additional payment

A misclassification is when information has previously been reported under an incorrect salary and wage item, and there is no additional payment to the employee.

Overpayment within a financial year

An overpayment is when an employer has mistakenly overpaid an employee the appropriate wages and entitlements due to the employee’s contract of employment.