🇦🇺Australia
STP Phase 2 Reporting Failures
1 verified sources
Definition
STP Phase 2 requires individual income statements by EOFY+1; tour variable pay complicates.
Key Findings
- Financial Impact: AUD 330 per failure (SME) up to AUD 1,650
- Frequency: Per pay event (weekly/biweekly tours)
- Root Cause: Disputed venue settlements delay payroll finalisation
Why This Matters
The Pitch: Dance companies in Australia 🇦🇺 incur AUD 330 fines per STP failure x 4/year. Automation of tour payroll reporting eliminates this risk.
Affected Stakeholders
Payroll Officer, Tour Accountant
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
GST/BAS Lodgement Penalties
AUD 222 per late BAS (up to 10 per year) + GIC at 11.59% p.a.
Superannuation Guarantee Charge
SG Charge = shortfall + interest (9.53% p.a.) + admin fee AUD 20 + 200% super penalty
ATA Carnet & Customs Delays
AUD 100-300/day demurrage + AUD 500 brokerage rework
Payroll Tax Threshold Breaches
4.75-6% of total AU payroll + interest + penalties up to 100%
Überbeschaffung und Fehlbestände bei Kostümen und Bühnenbildern
Quantified: ~10–25% of annual costume/prop spend as waste, roughly AUD 3,000–20,000 pro Jahr for a company spending AUD 30,000–80,000 on costumes and small sets.
Inventurschwund und Diebstahl bei Kostümen und Requisiten
Quantified: ~3–8% Inventurschwund p.a. des Kostüm-/Requisitenbestands; bei AUD 50,000 Bestand ≈ AUD 1,500–4,000 pro Jahr an Ersatzkosten.
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