The ATO is paying close attention to STP and super reporting, with penalties possible where information is late, inaccurate or incomplete. As employer and fund reporting become more connected, regular checks and timely corrections are more important than ever.
The NSW Government has announced payroll tax support measures as part of its economic package to help businesses impacted by COVID-19
As part of the proposed reforms to the administration of payroll tax in New South Wales, changes will be made for businesses with an annual payroll tax liability of up to $20,000