Single Touch Payroll (STP)
For all Employers
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO.
As of 1 July 2019, all employers, no matter their size, will generally be required to comply with the STP reporting obligations.
If you are using a solution that offers STP reporting, such as payroll or accounting software, you will send your employees’ tax and super information to us each time you run your payroll and pay your employees.
There will also be a number of options available for employers who do not use payroll software, such as No-cost and low-cost Single Touch Payroll solutions.
We will email our clients in the next month with a set of instructions on how to set this up. We will also be assisting in the setup process. All employers will have to be ready to report by 01/07/2019.
You can also lookup the ATO website on : https://www.ato.gov.au/Business/Single-Touch-Payroll/Get-ready-for-Single-Touch-Payroll/#Getreadychecklist
For more information please contact our office on 66580309.