Single Touch Payroll is Coming!
Do you have 20+ Staff!!!
If you have more than 20 employees you need to be Single Touch Payroll (STP) ready by 1 July 2018.
How to Get Single Touch Payroll Ready
Perform a headcount of staff at 1 April 2017.
If you have 20 or more employees at this date you need to have software that is STP ready by 1 July 2018.
From 1 July 2018, you will report employees’ tax and superannuation information to the ATO via your software each payroll cycle.
NOTE: If you have less than 20 employees at 1 April 2018 you have until 1 July 2019 to be STP ready.