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BS951
Level 1

STP - NEW ABN

Changing ABN structure from Partnership to Sole Trader.

If I update the new ABN in KeyPay via Payroll Setting, ATO Settings, will this automatically update the ATO on the next pay run to record STP against the new entity?

 

 

1 Comment 1
IntuitSheila
Level 8

STP - NEW ABN

Hi BS95,

 

Once the ABN number is changed in the payroll settings, the changes will apply to all future pay runs and to the ATO when submitting Single Touch Payroll.

 

To update your ABN number:

 

  1. Click on the Employees tab.
  2. Click on Payroll Settings.
  3. Click on Details.
  4. Click on the ABN field and edit the information.
  5. Click on Save.

You can also check this link to learn more about different scenarios if your ABN changes for a comprehensive information.

 

Please let me know if you have any additional questions. I'm always willing to assist.