Flexible ATO implementation

March 2019

The Commissioner of Taxation, Chris Jordan,  recently made a personal guarantee that theATO’s approach to STP will be “flexible, reasonable and pragmatic”.

In particular, despite the 1 July 2019 start date for smallemployers, the Commissioner has stated that they can start STP reporting anytime from 1 July 2019 to 30 September 2019.

This effectively provides a three-month implementation reprievefor small employers.

The ATO has also indicated that there will be no penalties formistakes, missed or late reports for the first year and exemptions will beprovided from STP reporting for employers experiencing hardship, or in areaswith intermittent or no internet connection.

EDITOR'S NOTE

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