Have a tax or BAS agent to report STP information quarterly

Partner AZDAAccountant
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Partner
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Have a tax or BAS agent to report STP information quarterly

Hi Myob Community,

 

I just went through the ATO website and found that there is an option for quarterly STP reporting:

 

'You will also have the option for your registered tax or BAS agent to report your STP information quarterly, rather than each time you run payroll. This option will be available until 30 June 2021.'

 

Does that mean: if I am reporting STP for a micro business client quarterly, I simply file all 13 payruns to ATO at once at the end of the quarter? Is that correct?

 

Thanks for any help!

 

Cheers,

AZDA Accountants

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Former Staff Maxine_BC
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Re: Have a tax or BAS agent to report STP information quarterly

Hey @AZDAAccountant,

 

Thanks for reaching out with this question.

 

At this stage MYOB does not have a specific solution for this. The ATO are yet to give us specific information on quarterly reporting so we are not yet able to add this to the software. Take a look at @Steven_M 's response to the following post - STP Quarterly Reporting for more information on this.

 

I hope this clears things up for you.

 

If this response was useful, feel free to hit the "Accept As Solution" button so that others can find this information too.

Cheers,
Maxine

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