THE Australian Taxation Office (ATO) has noted that a number of small businesses (with 19 or less employees) in the pharmacy and cosmetics industry have missed the deadline of 30 Sep to report through Single Touch Payroll (STP), but said it's not too late.
ATO Assistant Commissioner, Jason Lucchese, said that for small employers who aren't sure where to start, there are three pathways they can take: start reporting now; apply for a quarterly reporting concession (if eligible); or apply for a deferral if you need more time.
To guide small employers through their transition to STP, the ATO has launched a video series (tv.ato.gov.au) and an interactive online quiz to help small employers understand their options - CLICK HERE.
The above article was sent to subscribers in Pharmacy Daily's issue from 21 Nov 19
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 21 Nov 19
