Single touch payroll: What happens now?
Sponsored by Australian Taxation Office
Small business owners have heard a lot about Single Touch Payroll (STP) this year and here at SmartCompany we’ve tried to keep readers across the STP discussion. But with so much information out there, it can start to feel like there’s a lot to process.
We’ve partnered with the Australian Taxation Office (ATO) to give you everything you need to know now the September 30 deadline has passed. The ATO will also help provide the support your business needs to make the transition easy.
All small employers are required to start STP reporting. If you haven’t started STP reporting yet, it’s not too late. Depending on your circumstances you have three options:
- Start reporting now;
- Consider if concessional reporting is right for you; or
- Apply for more time if you need it.
In this eBook we’ll break down each of these options to help you work out which one is right for you.