What is Single Touch Payroll (STP)?

Single Touch Payroll (STP) is a Government initiative for employee Superannuation Guarantee and PAYG Withholding amounts to be automatically reported to the ATO during the payroll process.

Large employers (20 or more employees) had to use Single Touch Payroll from 1 July 2018.

Small employers (19 or fewer employees) may have to use it from 1 July 2019, depending on the passage of legislation.

Single Touch Payroll to be expanded to report child support information

Treasury has released draft legislation that would expand Single Touch Payroll to allow employers to report child support information. Single Touch Payroll (STP) is the system for employers to electronically report payroll and superannuation information to the ATO. Treasury says the STP platform was set up so it could be… Read More »Single Touch Payroll to be expanded to report child support information

ATO expects range of low-cost STP software available early 2019

The ATO expects there to be a range of low-cost Single Touch Payroll (STP) reporting software available for small businesses from early 2019.

Single Touch Payroll reporting is only required currently for larger employers (20 or more employees). The Government wants to extend it to small employers (19 or fewer employees), though the legislation to do this has yet to pass the Parliament.

Read More »ATO expects range of low-cost STP software available early 2019