STP from 1st July 2019
STP was introduced on 1st July 2018 for the business with 20 or more staff. And now, STP is set to be rolled out in stages to smaller entities with less than 20 employees as at 1st July 2019.
How STP works
Each time you run your payroll and pay your employees, you will also send ATO your STP data (Wages, Tax Withheld and Super) from your payroll software. This will be done through a pay event.
Prepared for STP
Report through existing payroll or accounting solution
or
Choose STP enabled payroll software
or
Engage a registered Tax or BAS agent
There are low-cost STP solutions. Please contact us to find out which payroll software product would best suit your business needs.
If you need assistance
Contact Us
+61 7 33241998
+61 451 878 933
admin@lwsaccountants.com.au