Employers with 19 or fewer employees have until 30 September to start reporting their employees’ tax and superannuation information to the ATO through Single Touch Payroll.
More than 350,000 employers across the country are already reporting through STP. The ATO understands there may be challenges for some employers. All employers operate in slightly different ways and every industry has unique differences that can affect their payroll processes.
Employers in the building and construction industry may have challenges like fluctuating employee numbers, closely held payees such as family members, and micro employers with one-to-four employees.
Whether they are ready to take the next step and start reporting through STP, or still need time to get ready, the ATO has developed an information pack for building and construction industry employers to help them work out what they need to do.
Building and construction employers may be eligible for STP reporting concessions if they:
ATO Assistant Commissioner Jason Lucchese, said the ATO wants to support employers to ensure they know what their next step is to get ready for STP.
“Regardless of the challenges employers face, we’re here to support them through the transition to STP. Whether that’s with information to help them understand what their options are, or providing concessions to give them more time to get ready,” Mr Lucchese said.
“We know there are challenges for some building and construction employers such as fluctuating numbers of employees due to seasonal or intermittent work, or they might currently have processes in place if they employ family members that might be complicated by STP. It’s actually pretty easy to get started and we have a range of resources on the ATO website to show you how.”
Click here to download the information pack for Employers in the Building and Construction Industry.