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Notes Online Home 2018 Tax Schools Day 2 What's new for business in 2018
Major ‘shake up’ to the Single Touch Payroll measures that apply from 1 July 2018
In this segment of the notes we discuss a major ‘shake up’ to the Single Touch Payroll measures that apply from 1 July 2018:
- Which employers are required to comply with the ‘single touch payroll’ measures?
- What is the commencement date of the NEW ‘single touch’ reporting system?
- Which payments are affected by the new ‘single touch’ reporting rules?
- How do employers comply with the new ‘single touch’ reporting requirements?
- What penalties apply for employers who fail to implement the new STP reporting rules?