Communication - Press

Single Touch Payroll for Small Employers - Are you ready for 1 July 2019?

It is time for small employers to get ready for Single Touch Payroll (STP). From 1 July 2019, employers with 19 or less employees are required to start reporting through Single Touch Payroll.

Pitcher Partners has published a fact sheet to help small employers prepare for STP, coming into place on 1 July 2019.

 

This guide explains:

 

  • The implications of STP
  • How to report through STP
  • Transition dates
  • Corrections
  • How to get ready for the change

STP is a government initiative aimed at streamlining the payroll reporting process. Businesses will be required to transmit data, including salaries and wages, allowances, deductions, superannuation guarantee information and PAYG withholding to the ATO on a real time basis (i.e. weekly, fortnightly or monthly depending on the payroll period of each business). The intention of STP is to improve compliance by employers and increase transparency of information with the ATO.

Download

 

Click here to download Pitcher Partners' fact sheet.

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