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Sue5
Level 1

STP and closely held employee. P

I have only 1 employee, (closely held) and have only recently started to use STP
1 Comment 1
John Enrico
QuickBooks Team

STP and closely held employee. P

Hi Sue5,

 

Thanks for posting in the Community!

 

It is good to hear that you have started to report STP. According to recent ATO regulations, businesses with 19 or less employees that pay closely held payees are obligated to commence reporting STP events for closely held employees from 1 July 2021.

 

Is there any specific information that you wanted to know more about STP for closely held employees?

 

 

Best,

John Enrico