Employers urged to ‘just rip the band-aid off’
SMEs are being urged to “rip the band-aid off” and begin reporting sooner to make the transition to Single Touch Payroll less painful, just as a poll suggests the name of this reporting measure is causing confusion among SMEs.
Employers with 19 or fewer employees are due to begin using the Single Touch Payroll (STP) reporting system to report payroll and super information from 1 July, joining larger employers which began using the measure at the same time last year.
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