
Reminder – Are You Ready for Single Touch Payroll?
Commencing 1 July 2018, if you have 20 or more employees you will need to start using Single Touch Payroll-enabled software to report tax and super information to the ATO. Single Touch Payroll (STP) is an initiative by the Federal Government with the aim of simplifying business-reporting obligations.
Employers are required to conduct a headcount of staff as at 1 April 2018, and if there is 20 or more employees on this date, STP would be mandatory from 1 July 2018. For em