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10 Things you need to know about Single Touch Payroll (STP)

Sep 18, 2018 12:40:18 PM

SAP Employers with an Australian Payroll with 20 or more employees will need to start reporting through Single Touch Payroll (STP) by 30 April 2019.

Single Touch Payroll (STP) is an initiative introduced by the Australian Tax Office (ATO) to provide real-time visibility over the accuracy and timeliness of organisations' payroll processes. STP is designed to streamline the administration of employee payroll, tax and superannuation reporting obligations for employers.