The following is a very informative article by TaxBanter that completely dispels the STP myths and half-truths that are currently being propagated. Using STP, an employer reports information on their employees’ salaries and wages, PAYG withholding, and superannuation to the ATO in line with their payroll cycle.
Find the truths about STP with STP myth-busting by TaxBanter
Take a few minutes to learn the facts and put your mind at rest about any rumours you may be hearing.
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