Single Touch Payroll – update

Individual household employers, hiring through a Withholding PAYG Number (WPN) were due to start the compulsory Single Touch Payroll (STP) compliance as at July 1 2021. Thankfully this has just been extended for another 12 months, with the start date now July 1 2023....

Single Touch Payroll Exemption

From July 1,  Single Touch Payroll (STP) starts for employers with less than 20 employees. STP is a new way of reporting tax and super information to the ATO. This will be done each time you run a payroll, the details of the payslip will be sent to the ATO...