🇦🇺Australia

STP Phase 2 Non-Compliance Penalties

3 verified sources

Definition

Failure to comply with STP Phase 2 results in fines for late or incorrect payroll reporting, common in manual caregiver timesheet processes prone to errors and delays.

Key Findings

  • Financial Impact: AUD 222 per late STP report + AUD 2,000 max penalty per failure (ATO scale); typical 10+ violations/year for manual processes
  • Frequency: Per pay cycle violation
  • Root Cause: Manual timesheet verification delays STP submission deadlines

Why This Matters

The Pitch: Aged care providers in Australia 🇦🇺 waste AUD 2,220+ annually on STP fines per violation. Automation of timesheet-to-STP reporting eliminates this risk.

Affected Stakeholders

Payroll Managers, Care Coordinators, Business Owners

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

Award Penalty Rate Calculation Errors

AUD 5,000+ average backpay claim per employee; 2-5% payroll overrun from manual errors (40 hours/month reconciliation)

Superannuation Guarantee Shortfalls

SG Charge: 200% of shortfall + 10% Super Guarantee Charge Rate interest; typical AUD 3,000-15,000/year for 10-employee firm

Fair Work Underpayment Claims

AUD 10,000-50,000 per underpayment case (backpay + interest + fines up to AUD 93,000/breach for companies)

NDIS Incident Reporting Penalties

AUD 5,000 - 50,000 civil penalties per breach; potential de-registration.

Governing Body Determination Application Fees and Delays

AUD 500-2,000 in application fees per submission + 20-40 hours staff time for rework

Assessment Waiting List Delays

AUD 5,000-10,000 per delayed client (based on average HCP value) + 2-6 weeks capacity loss

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