An Australian Government initiative to simplify and streamline employer reporting obligations to the ATO.
Single Touch Payroll (STP) is the most significant change to payroll reporting in decades. Through Single Touch Payroll, employers will automatically report payroll information like salaries and wages, PAYG withholding tax and superannuation information directly to the ATO from their payroll solution, at the same time as they pay their employees.
Single Touch Payroll reporting was mandatory from 1 July 2018 for employers with 20 or more employees. Exceptions were given to employers where their payroll provider was not ready, however you would have needed to apply to the ATO for a deferred start date.
Do not hesitate to call our Employer Hotline on 1300 304 947 if you neeed more information.