Businesses won’t be penalised for STP mistakes
The ATO has responded to a number of questions from My Business readers about Single Touch Payroll, including whether outstanding SG payments need to be caught up before the transition and whether penalties will apply for incorrect lodgement.
Following My Business’ recent webcast on the rollout of STP to employers with fewer than 20 staff from 1 July this year, viewers raised a number of questions and queries about their obligations as they transition to the new payroll reporting system.
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