🇦🇺Australia

STP Phase 2 Reporting Fines

0

Definition

STP non-compliance incurs AUD 330 per employee unit short + escalating failure-to-comply penalties.

Key Findings

  • Financial Impact: AUD 330+ per employee per breach
  • Frequency: Per pay cycle non-report
  • Root Cause: Unverified delivery hours delay STP payroll submission

Why This Matters

The Pitch: Language schools risk AUD 330+ unit penalties per STP failure. Integrated billing-payroll automation ensures compliance.

Affected Stakeholders

Payroll, Compliance Officer

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

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Related Business Risks

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