Small employers had until 30 September to start reporting through Single Touch Payroll (STP). There are 3 options if you missed the deadline:
If you already use accounting or payroll software, check whether it offers STP reporting. If it does, enable the STP function and start reporting straight away. If you need new software or an upgrade, please contact us and we can assist.
Apply for a reporting concession if one exists
Micro-employers (1-4 employees) who need more time to move to STP reporting can ask their registered tax or BAS agent to report on their behalf on a quarterly basis. This can continue until 30 June 2021.
Ask for more time by applying for a deferral or exemption
For employers with 19 or less employees, you or your registered agent can ask the ATO for a deferral by logging into the ATO Business Portal or phoning the ATO.
For employers with 20 or more employees, your software provider may have applied to the ATO for a later start date for STP reporting. This deferral would cover you as an existing client.
The option you choose will depend on your circumstances but it’s important to start reporting or get in touch with the ATO as soon as possible.
The $20,000 instant asset write-off threshold has been extended to 30 June 2019. If you …