The ATO has recently published a number of fact sheets in relation to Single Touch Payroll (STP) changes which will take effect on 1 July 2021.
Small employers will commence to report for closely held payees, and the quarterly exemption for micro employers will generally cease.
This document summarises the ATO guidance.
CLICK HERE to download the document
Tax Banter
T 03 9660 3500
M 0413 682 763
W taxbanter.com.au
A Level 9, 41 Exhibition Street, Melbourne VIC 3000
- Single Touch Payroll changes from 1 July 2021 - 22 February 2021
- Bills status – January 2021 - 18 January 2021
- Federal Budget 2020-21 tax measures have passed Parliament - 26 October 2020