Single Touch Payroll (STP)
The new standard in payroll reporting to the ATO
Single Touch Payroll (STP), is an Australian Government initiative to reduce employers' reporting burdens to government agencies.
What Is Single Touch Pay
With STP, you report employees' payroll information to the ATO each time you pay them through STP-enabled software. Payroll information includes:
- salaries and wages
- pay as you go (PAYG) withholding
- superannuation.
STP started on 1 July 2018 for employers with 20 or more employees and 1 July 2019 for employers with 19 or fewer employees and is a mandatory obligation.
If you haven't started reporting through STP, you need to start reporting as soon as possible as penalties may apply.
Need more info?
BAS Lodgement Inquiry
Bundle For A Better Price
Include Single Touch Payroll in an Agreed Price Service Plan to save around 10% on our standard rates.
LATEST NEWS
Are you using data insights to drive your operational efficiency? We’ve got the lowdown on five ways that data-based decision-making takes your business to new levels of productivity.
Putting data at the heart of your growth strategy is a no-brainer. We’ve broken down five ways that data-based decision-making helps you grab the best opportunities and grow at pace.
Analysing your customer data is a no-brainer in our data-driven times. We’ve shared five ways that data can help your sales, marketing and social media activity.
