Trending
Single Touch Payroll (STP) is a method of submitting tax and other payroll information to the government directly from your software system every time you pay your employees. When STP comes into effect If you are an employer with at least 20 employees, you should already be reporting through STP. The only exception is if…
As of July 1st 2018, if your business employs more than 20 individuals you need to adhere to the new ATO single touch payroll rules. In summary, the rules state that you need to inform the ATO every time you pay your employees. For example, if you pay them on a monthly basis, you tell…
If you haven’t yet heard about Single Touch Payroll, you may need to conduct a quick headcount to determine if your business needs to comply. What is Single Touch Payroll ? Single Touch Payroll (STP) aligns your reporting obligations to your payroll processes. Your business will be required to report to the ATO each time you…