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Big STP concessions progress for microbusiness

The ATO has confirmed it will not force micro employers to purchase payroll software, as it begins consulting on tailored Single Touch Payroll solutions for the smaller end of town.

Big STP concessions progress for microbusiness
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Big STP concessions progress for microbusiness

While legislation to expand STP to employers with 19 or less employees from 1 July 2019 is still before the Senate, the ATO has begun seeking expressions of interest from digital services providers to develop Single Touch Payroll software for the micro employer market, namely those with one to four employees.

Read the full article at Accountants Daily.

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