Single Touch Payroll - Extension for Businesses with Closely Held Payees
In Response to COVID-19, the ATO have issued an automatic extension for Single Touch Payroll (STP) reporting, until 1 July 2021, if you comply with the following:
- All employee are closely help 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 or beneficiaries of a trust.
If you have external or non-closely held employees, you are not eligible for this extension.
For further infomoration, please click here.
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