Individual household employers, hiring through a Withholding PAYG Number (WPN) were due to start the compulsory Single Touch Payroll (STP) compliance as at July 1 2021.
Thankfully this has just been extended for another 12 months, with the start date now July 1 2022.
Continue reading Single Touch Payroll – update
From July 1, Single Touch Payroll (STP) starts for employers with less than 20 employees. STP is a new way of reporting tax and super information to the ATO. This will be done each time you run a payroll, the details of the payslip will be sent to the ATO electronically.
The majority of families with a nanny will be exempt until July 2021.
Continue reading Single Touch Payroll Exemption