Australia

Single Touch Payroll

From 1st July, Single Touch Payroll (STP) will apply to all employers. 

STP is a reporting system introduced by the ATO which came into effect 1st July 2018. It involves the reporting of payroll payments, PAYG and superannuation directly to the ATO for every pay run that is made. 

Single Touch Payroll has been a requirement for businesses with 20 or more staff from mid-2018.
The new legislation now requires every employer – even those with only one staff member – to use the online reporting system from July this year.

Employees include full-time, part-time, casual, overseas, absent, and seasonal staff employed by your business. It does not include independent contractors, staff provided through labour hire, or company directors or officeholders.

Key contact

Dace Harris - National head of Business Advisory

Dace Harris
National Head of Business Advisory

T: +61 2 8226 4500
E: [email protected] 

Business Advisory Tools

Growth & Profit diagnostic

Single Touch Payroll and rostering

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Single Touch Payroll (STP) Reporting - Are you ready?

Single Touch Payroll (STP) has been around for a few years now. It was introduced back in July 2018 for businesses with 20 or more employees as a means of providing transparency over wages, PAYG tax and superannuation for both the ATO and employees.
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RSM wins the 2019 Xero Enterprise Partner of the Year award

We are delighted to have won Xero’s Enterprise Partner of Year award!
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Are you Single Touch Payroll ready?

The deadline is fast approaching for small businesses to be registered and lodging their payroll information to the ATO using the Single Touch Payroll (STP) reporting system. Are you registered and lodging? If not, you have a small window to register and start lodging!
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The Single Touch Payroll (STP) compliance date is here. Whilst if you have over 20 employees you should already be reporting through STP, employers with less than 20 workers will need to start on 1 July 2019.
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There are further compliance changes in the wind for businesses.  The Government is in the process of implementing a new reporting system which is focussed on streamlining payroll procedures.  This will impact on employer and employee alike.
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What is Single Touch Payroll and how will it affect my business

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The ATO has followed through on plans to improve digitisation of tax reporting and returns, making it mandatory for all employers to use Single Touch Payroll from 1 July 2019.
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After considerable delays in the Senate, small employers now have some clarity surrounding the implementation date for Single Touch Payroll reporting (“STP”).  The Treasury Laws Amendment (2017 Enterprise Incentives No. 1) Bill 2017 was passed by the Senate on Wednesday 5 December 2018 with a proposed amendment.
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Single Touch Payroll reporting is coming - employers take note!

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