Single Touch Payroll Reporting Service
Is your business ATO ready?
Every Australian business must be Single-Touch Payroll compliant by 1 July 2019. It is the biggest compliance undertaking since the GST.
What is Single Touch Payroll (STP) reporting?
Every time a business pays their workers, all salary information needs to be sent to the ATO. This includes salary and wages, PAYG withholding and superannuation.
Is your payroll process STP compliant?
To enable this direct submission, many employers will need to upgrade or replace their payroll
system to meet their payroll reporting obligations to the ATO.
- If you use accounting software, you can contact your software provider to find out more information.
- You can engage the services of a third party such as a registered tax agent to do STP reporting on your behalf on a regular basis.
- If you report manually, you are not STP compliant. You need to purchase a payroll solution or engage an accountant, bookkeeper or a payroll provider to meet your payroll reporting obligations on your behalf.