Single Touch Payroll

Single Touch Payroll (STP)

Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO. It is now law that STP reporting has extended to include all small employers (those with fewer than 20 employees) from 1 July 2019. STP is a pay day reporting by employers to the ATO as it happens, this reporting having started on 1 July 2018 for large employers (20 or more employees). Click here to understand how STP works.

Depending on your number of employees, the ATO is providing flexible options in order to help employers transitioning to STP. For micro employers (four or less employees), a number of No-cost and low-cost Single Touch Payroll solutions will be available in the 2018-2019 financial year to assist in STP reporting.

With the implementation of STP, the process of reporting to the ATO has become streamlined by being able to submit payroll information upon completion. It will eliminates potential human errors and double handling of reporting wages. On top of that, payroll information will be made available online via myGov easily for employees.

Click this link to access the ATO guidelines in getting ready for STP.