Single Touch Payroll - Extension for Businesses with Closely Held Payees
In response to COVID-19, the ATO have issued an automatic extension for STP reporting until 1 July 2021, if you comply with the following:
§ All employees are closely held employees. A closely held employee is someone who is directly related to the business, company or trust that pays them, such as:
- Family members of a family business
- Directors or shareholders of a company
- Beneficiaries of a trust
If you have any external or non-closely held employees, you are not eligible for this extension.
For further information, please click here.
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