Single Touch Payroll

What is Single Touch Payroll?

STP is a reporting change that enables employers to send tax and super information to the ATO from their payroll software every time they pay their employees.

Each time you pay your employees you will also be sending your employee salary, PAYG and super information to the ATO.

Who does it apply to?

ANY business that pays salary or wages to employees, that includes remuneration to directors.

However, low-cost STP and exemptions are available for micro businesses (employers with 1to 4 employees).

When to start?

If you have counted 19 or less employees on 1st April 2018, you need to start reporting to the ATO through STP enabled software from 1st July 19.

What is the reporting process?

STP process

What to do now?

Contact the Holzworth Partners accounting team on 1300 009 888 or