Single Touch Payroll is now part of the reporting landscape in Australia and with many businesses looking to close for the Christmas period, reporting your business payroll may not be the highest item on the to-do list. In fact, it is the payroll headache you can do without.

Fortunately, the Australian Taxation Office has developed a range of deferrals to cover you for the holiday season. You can read about the deferral options in this comprehensive list here: Single Touch Payroll Deferrals

You can apply for an Operational Deferral if you have already started reporting through STP and you won’t be able to report for a period of time due to special circumstances. In this case, you can apply for an operational deferral.

You can apply for a deferral or exemption through:

  • the Business Portal (employers) – select Manage employees then STP deferrals or exemptions
  • Online services for agents – select Business then STP deferrals and exemptions.

You can also phone the Australian Taxation Office on 13 28 66 if you are unable to lodge a portal request.

When you lodge your request or phone us, we will discuss your circumstances and may offer more time to lodge your STP report each time you run your payroll. You will need to provide evidence and meet our requirements.

So if you have any questions or need assistance, Join the Conversation…

Team Precision

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