🇦🇺Australia

STP Phase 2 Non-Compliance Fines

1 verified sources

Definition

Single Touch Payroll Phase 2 requires real-time reporting of payroll including super, PAYG withholding, and allowances. Errors in multi-state temp worker payrolls common, leading to ATO audits and fines.

Key Findings

  • Financial Impact: AUD 330 per failure-to-lodge penalty (up to AUD 1,565 for repeated); typical 20-40 hours/month manual reconciliation for multi-state compliance
  • Frequency: Per late lodgement or per employee error
  • Root Cause: Manual handling of state-based payroll tax thresholds across 6 jurisdictions and STP integration failures

Why This Matters

The Pitch: Temporary Help Services in Australia waste AUD 330+ per late STP report on ATO penalties. Automation of payroll tax compliance eliminates this risk.

Affected Stakeholders

Payroll Managers, Compliance Officers, Agency Owners

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Payroll Tax Threshold Breaches

4.75-6% tax rate on wages over threshold; e.g., AUD 2M payroll = AUD 50,000+ tax

Superannuation Guarantee Shortfalls

SG Charge: 200% of shortfall + interest (10.5% p.a.); e.g., AUD 1,200 shortfall costs AUD 2,400+

Labour Hire Licensing Penalties

AUD 50,000-AUD 100,000+ per breach; application delays cost 20+ hours prep per state transition

Verstöße gegen australische Lohn- und Sozialabgabenpflichten für temporäre Mitarbeiter

Quantified (logic-based): AUD 50,000–100,000 per year in wage backpay for a 200–300 temp workforce (AUD 1–2/hour underpayment across ~50,000 hours), plus AUD 10,000–50,000 per year in SGC interest, admin fees and Fair Work civil penalties depending on the scale and duration of non-compliance.

Verzögerter Zahlungseingang durch fehlerhafte Lohn- und Leistungsdaten bei Zeitarbeitskräften

Quantified (logic-based): For a temp agency with AUD 10 million annual revenue, approximately AUD 600,000–800,000 in additional working capital tied up (15% of invoices delayed by 15–20 days on top of a 35–40 day DSO), equivalent financing cost of roughly AUD 15,000–40,000 per year at 2.5–5% cost of capital.

Produktivitätsverlust durch manuelle Compliance-Erfassung für Zeitarbeitskräfte

Quantified (logic-based): Approximately 0.5–2 FTE of HR/payroll time (AUD 40,000–160,000 per year at ~AUD 80,000 loaded cost per FTE) consumed by manual compliance tracking and reporting for temporary workers instead of billable or strategic activities.

Request Deep Analysis

🇦🇺 Be first to access this market's intelligence