Are you ready for STP?

Are you ready for STP?

Australian Taxation Office
Australian Taxation Office Single Touch Payroll

Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO.

From the 1st July 2019, all small businesses with 19 employees or less will be required to report their payroll payment details electronically using STP.

As a business owner – what should you do to get ready for STP?

Points to Considered:

Find a suitable payroll software; MYOB; Xero; Reckon; Quickbooks

Talk to your staff about STP

Apply for more time if you need it

Review the STP employer reporting guidelines

Update or install your software when it is ready

Please feel free to contact our office now to get your business organised.

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