ATO set to contact firms over super, STP
Firms with more than 20 employees will be contacted in a big ATO push to have employers ready to meet their new payroll and superannuation obligations by 1 July this year.
Single Touch Payroll (STP) will roll out for employers with more than 20 employees on 1 July 2018, while employers with 19 or less employees will have to start reporting on 1 July 2019.
Employers captured by the 2018 deadline will need to be reporting their employee payments and super information through an STP-enabled service by this point.
Take-up so far has been sluggish, with only five out of a possible 140 or so software developers being ready to go.
There’s also been rumours about an extension being in the works, which would parallel the delayed rollout of SuperStream.
The tax office’s mass communication campaign will set the record straight on deadline start dates, and also drum in employer obligations under the new regime.
In a recent discussion with our sister publication Accountants Daily, STP lead at the ATO, John Shepherd, was firm about start dates being locked in.
“The date is set for STP for large employers, and it’s 1 July 2018. That won’t shift, that is the date they need to start reporting by,” Mr Shepherd said.
“In other words, there won’t be blanket extensions. It’ll be done on a case-by-case basis,” he added.