🇦🇺Australia

STP Phase 2 Non-Compliance for Sponsorship Staff Payments

1 verified sources

Definition

Sponsorship fulfillment often requires hiring casual workers for events; manual payment processing skips STP reporting, leading to ATO audits and fines.

Key Findings

  • Financial Impact: AUD 300-AUD 6,300 per STP failure (unit penalty up to 6 months late); typical AUD 10,000+ for SMEs with 20+ events/year.
  • Frequency: Per payroll event; mandatory for all employers.
  • Root Cause: Disconnected invoicing/payroll systems; manual data entry errors.

Why This Matters

The Pitch: Professional Organizations in Australia 🇦🇺 face AUD 10,000+ fines yearly from STP failures in event staffing. Automated payroll integration cuts this risk.

Affected Stakeholders

HR/Payroll Officer, Sponsorship Coordinator

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.

Evidence Sources:

Related Business Risks

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