Small employers who have not yet switched to Single Touch Payroll (STP) are urged to get in touch with the ATO if they need help to transition.
Small employers with 19 employees or fewer are now required to start reporting through STP. The three possible pathways for those who are not sure where to start are:
• start reporting now through an appropriate STP-enabled solution
• consider if they are eligible for a quarterly reporting concession, or
• apply for a deferral if they need more time.
The ATO wants the transition to STP to be simple and manageable, and said that no penalties will be applied in the 2019/20 financial year for small employers who make a genuine attempt to transition or for missed or late reports.
Source: ATO media release, 19 November 2019.