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  • Pay family, directors or trust beneficiaries?

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    11 May 2021

    From 1 July 2021, employers must report any closely held payees through Single Touch Payroll (STP).

    A closely held payee is someone directly related to the entity they receive payments from, including:

    • family members of a family business
    • directors or shareholders of a company
    • beneficiaries of a trust.

    You should already be reporting any other payees through STP. Employers who haven't started reporting through STP and don't have a deferral or exemption in place need to start reporting now.

    We’re offering a free webinar on Wednesday 2 June to help you understand how this change affects you and what your reporting options for your closely held payees will be.

    Registrations for the webinar are now open. It will be delivered online via Webex and you'll receive a link to the session once you register.

    Next steps:

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