Single Touch Payroll
Single Touch Payroll (STP), the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO, comes into effect from 1 July 2018.
Employers with 20 or more employees at 1 April 2018 must use standard business reporting-enabled software from 1 July 2018. The head count for ‘20 employees’ includes full-time, part-time, casuals (who worked any time during March), employees based overseas, or on paid or unpaid leave. Directors and independent contractors are excluded from the count.
STP is currently voluntary for businesses with less than 20 employees although proposed reforms seek to extend the reporting system to all employers by 1 July 2019, regardless of the number of employees. .