As part of the response to the COVID-19 crisis, The Tax Practitioner Stewardship Group and the BAS Agent Association Group have extended the Single Touch Payroll (STP) exemption deadline for small employers (those with 19 or fewer employees) needing to report their closely-held payees through STP enabled software from 1 July 2020 to 1 July 2021. Small employers are able to choose to voluntarily report their closely held payees’ payroll information sooner if they wish.

Visit ATO information on STP here.

To find out more, please contact your accountant at Rosenfeld Kant on (02) 9375 1200 or email gary@roskant.com.au, raul@roskant.com.au, elias@roskant.com.au