ATO sounds warning on STP deadline
The 30 September deadline for small businesses with 19 or less employees to become single touch payroll compliant is now just two weeks away.
According to the ATO, there are 350,000 small businesses now reporting under STP, or just under 50 per cent of the estimated 750,000 small business population.
The ATO Assistant Commissioner said it was important for employers to understand the range of concessions or deferrals available to them if they are not ready to report by 30 September.
Concessional reporting is available to micro employers, closely held payees, and seasonal intermittent employers.
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