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  • Final countdown to Single Touch Payroll

    1 June 2018

    Single Touch Payroll (STP) reporting starts from 1 July.

    Employers will gradually start reporting to the ATO from their payroll software each time they pay their employees. Known as Single Touch Payroll or STP, employers will be reporting their employees’ salaries and wages, pay as you go withholding and super information.

    From 1 July 2018

    Employers with 20 or more employees will gradually start reporting to the ATO through STP-enabled payroll software.

    If you have 19 or fewer employees, you don’t have to do anything yet. However, you can choose to report through STP if you use payroll software that is STP-enabled.

    From 1 July 2019

    The government plans to extend STP to all employers. This is not yet law. Alternate reporting options that are low cost and easy to use will be available later this year.

    What to do to get ready

    Ask your software provider if your software will be updated for STP or if the software version you are using has a later start date from the ATO (a deferral).

    If your software has a deferral and you won’t be ready by that date, or your software will be ready by 1 July but you need more time, ask us for your own employer deferral.

    You can also ask a third party, such as a payroll service provider or tax professional to report on your behalf through a STP-enabled payroll solution.

    Next step:

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