STP transition ended for large employers

STP transition year for large employers has ended

Single Touch Payroll (STP) reporting started for large employers (20 or more employees) from 1 July 2018.

The 12 month transition period for large employers to start STP reporting ended on 30 June 2019.

The ATO will contact large employers who have yet to start reporting through STP and who are not covered by a deferral.

If you as a large employer have a lodgment deferral, you need to start STP reporting before the deferral end date. Failure to lodge on time penalties may apply if you fail to start reporting within a reasonable period.

The team at Omnis Group Accountants can show you how to harness the power of technology to transform your business! Contact us in Perth on 08 9380 3555 to book a FREE demonstration let us show you what cloud accounting can do for STP and your business! As Xero Gold Partners we can guide you and ensure you get maximum value from your cloud accounting software and Single Touch Payroll.

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Single Touch Payroll deferrals

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