On Tuesday, members of the lower house of federal parliament considered and voted to extend the Single Touch Payroll (STP) system to now include all businesses with 19 or fewer employees. This means all employers must electronically file each pay run with the tax office using bookkeeping software that complies with STP, starting 1st July 2019.
If you want to know more about how this will affect your business, and what you should do to comply with STP legislation – please contact us to discuss your options. We can work through your specific circumstances to find a solution that matches your needs.
