Single Touch Payroll (STP) is a way of sending tax and super information to the ATO from your payroll or accounting software each time you pay your employees. When you use STP-enabled software you will send the ATO your tax and super information each time you pay your employees. Your pay cycle does not need to change. You can continue to pay your employees weekly, fortnightly or monthly. The information you report will include your employees' salaries and wages, allowances, deductions (for example, workplace giving) and other payments, pay as you go (PAYG) withholding and superannuation information. Employers with 20 or more employees, would have already begun reporting from 1 July 2018. Employers with 19 or less employees have the option to report through STP for now. Legislation is currently before parliament to extend STP to all employers from 1 July 2019. Download the Single Touch Payroll fact sheet Visit the ATO website for more information
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