Single Touch Payroll – are you ready to go?

Marketing Manager - Sinclair Wilson

Single Touch Payroll (STP) is a new way of reporting Tax and Super information to the Australian Tax Office. From 1 July 2019, all Australian businesses must, by law, process employees’ pay, tax and super information via an online payroll system that is STP-compliant. It’s being referred to as, ‘real-time payroll reporting’ – because it means the ATO will be capturing real-time…

Single Touch Payroll – Mandatory for all employers from 1 July 2019

Director

Single Touch Payroll (STP) changes the way employers report their employees’ payroll and superannuation information to the Australian Tax Office (ATO). Using payroll or accounting software that offers STP, employers will be required to send their employees’ wage and super information to the ATO each time they run their payroll and pay their employees. (Be…

How to get started with Single Touch Payroll

Practice Owner & BAS Agent - e-BAS Accounts

As mentioned in our last blog, smaller employers with less than 19 employees will need to start reporting their payroll data via Single Touch Payroll by 1 July 2019. That’s not far away and if this affects you, you need to start getting ready now! Don’t panic though, we are here to help and to that…