If you employee people will you be STP ready by 30 June? – Act now as time is running out
STP applies to all employers from:
• 1 July 2018 for businesses that employ 20 or more people, and
• 1 July 2019 for businesses that employ less than 20 people.
If NCA processes your payroll, the good news is that you do not need to do anything, we will have it covered for you. From 1 July 2019 we will lodge your Single Touch Payroll when processing your wages. To enable us to do this we will be sending you to sign a standing authority to allow us to do this for you for the next 12 months.
If you do your own payroll, then there are a few things you will need to do. To help you guide you through this process we have prepared a ‘Guide to Make Your Single Touch Payroll Decision Easier’ below.
Remember to contact us here at NCA if you have any questions on how to get ready for Single Touch Payroll or any other concerns you have with your business.