If you have been reporting Single Touch Payroll (STP) to the ATO this financial year, you will need to make a finalisation declaration. This takes the place of employee payment summaries, which you no longer need to issue for payments reported through STP.
Introduction:
You are required to nominate GovReports as your cloud (online) software provider before being able to lodge forms through the GovReports portal.
This March 2020 BAS period is certainly proving to be more demanding than usual! Registered agents and business owners are navigating the activity statement lodgment process in light of the government announcements to assist cash flow for employers.
With the outbreak of the Covid-19 virus, and the recent natural disasters around Australia, businesses and employers are having to adapt very quickly to new ways of working in order to cope with the challenge of this unprecedented situation.
