09 Apr Are you ready for STP?
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.