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Further STP developments

The legislation, if enacted, will broaden the amounts that employers can voluntarily report under the STP rules, to  include employer withholding of child support deductions from salary and wages and child support garnishee amounts from salary or wages that are paid to the Child Support Registrar. 

Amendments will also be made to ensure that if employers choose to report under STP to the Commissioner of Taxation, they do not also have to report the amounts to the Child Support Registrar. 

The Money Edge | Bundaberg

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