Single Touch Payroll for Small Employers
Rudd Hannay Accountants • March 12, 2019
Single Touch Payroll for Small Employers
The Tax Office has announced that Parliament has passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers (less than 20 employees) from 1 July 2019. STP is the electronic reporting of wages information to the Tax Office at the time payments are made to employees. It does not change the timing of PAYGW and Superannuation payments.
Below are links to the Commissioner's statement as well as further information on the ATO website.
We will be sending out information about the options available to our clients in the near future.
If you would like further information, or to check if you are ready for the 1 July 2019 start date, please contact us.
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