Single Touch Payroll – Employer Standing Declaration

News Tax & Compliance Law & Policy Updates

Date: 11th Dec, 2024 Source: Australian Taxation Office (ATO) Country: Australia Original Source

Brief

On 10 December 2024, the Australian Taxation Office (ATO) issued an update regarding Single Touch Payroll – Employer Standing Declaration. The measure aims to reduce administrative burden for employers reporting under STP through a standing declaration that covers multiple lodgements of STP information by their agent. This change was announced as part of the 2023-24 Budget, with the goal of enhancing collaboration between small businesses and the government in reducing tax compliance time.

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Australian Taxation Office (ATO)

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Single Touch Payroll – Employer Standing Declaration

Brief

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Single Touch Payroll – Employer Standing Declaration

Brief

Australian Taxation Office (ATO)

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