CLOSELY HELD EMPLOYEES

Laurelle Searle

Our business is setup as a sole trader. We have always employed family members and paid them just like a normal employees and declared their tax like everyone never held there wages from end of year final wage total. Does the new changes to Closely Held Employees mean I have to treat them differently now,

Acctd4

Are they currently in Payroll & being reported via STP? If so, you’re already doing it ☺️