Single Touch Payroll — Reporting Closely Held Payees
Published on 29 Jul 2021
| Took place at Online, National
An exemption that relieved small employers from having to report payments made to their closely held payees through Single Touch Payroll ended on 30 June 2021. This means that, from 1 July 2021, small employers will need to start reporting their closely held payees through STP.
This essential webinar explained what is a closely held payee, the STP reporting options for employers of closely held payees, how to make a reasonable estimate, Superannuation Guarantee implications and strategies, interaction with other laws and the due dates for finalisation.