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ATO outlines penalties for STP failures

ATO outlines penalties for STP failures

Employers with 20 or more workers are now past their 12-month introductory period for Single Touch Payroll, with the ATO outlining what and how penalties will apply for late or missed reports.

  • Shared by MyBusiness
  • July 02, 2019
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The ATO has repeated its previous position that no penalties would apply for the first 12 months of Single Touch Payroll (STP), which took effect for larger employers from 1 July 2018 and has now been rolled out to smaller employers (those with 19 or less employees) from 1 July 2019.

Read more at MyBusiness

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