The 1st of April is rapidly coming upon us and this is the first required action point for employers with more than 20 staff. On that date impacted employers are required to conduct their staff headcount to ascertain their obligations in relation to the Single Touch Payroll regime.
All employees are to be included in the headcount, not only full time equivalents. This means employers will need to include both full and part time employees, casuals, employees based overseas, employees on paid or unpaid leave and seasonal employees.
Employers do not need to include contractors, labour hire staff or casual staff who were not working in March. Also not included, are directors of the company or office holders.
If there are valid reasons why an employer with more than 20 staff cannot meet their obligations under the STP legislation they can apply for an exemption. If the inability to comply is software related, you can apply for the exemptions via your software provider.
For other reasons such as poor internet access, the exemption application can go straight to the ATO.
Download the new Readiness for Single Touch Payroll checklist here. For more information or help please contact us by sending an email.