Single Touch Payroll for all small businesses

On 12 February 2019, the Parliament passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers, those with 19 or less employees, from 1 July 2019. 

Single Touch Payroll (STP) is a change to the way you report payroll information to the ATO. Each time you pay your employees you will also be sending your employee salary and wage information, pay as you go (PAYG) withholding and super information to the ATO. These will be year-to-date amounts.

 You will need to make sure your current payroll software is updated by your digital service provider (DSP) to offer STP reporting, or choose payroll software that is STP-enabled.