March 2021
MLCo • March 5, 2021
Changes to STP reporting concessions from 1 July 2021
Small employers (19 or fewer employees) are currently exempt from reporting 'closely held' payees through Single Touch Payroll ('STP'). Also, a quarterly STP reporting option applies to micro employers (four or fewer employees). These concessions will end on 30 June 2021.
Also in this month's update:
- Detailed information in relation to changes in STP reporting
- Paper PAYG and GST quarterly instalment notices
- Avoiding disqualification from SG amnesty