Single Touch Payroll reporting (STP) is the new way in which businesses will have to report their payment details to the ATO. At the current point in time, employers only need to report these details infrequently – once a more, or quarter. Single Touch Payroll will change this, and as a result PAYG details will be accessible by the ATO all year round.
There are a few changes your business will be required to implement in order to be operating in compliance with STP. The changes roll out very soon, so We have created a handy guide to help your business prepare for Single Touch Payroll reporting requirements. You can download it below.
Download your own copy of this E-Book below.