Single Touch Payroll (STP) is an ATO initiative to streamline payroll reporting. You’ll be able to report payroll and super information directly to the ATO when you process a pay run in AccountRight (from either online or desktop company files).
Is your version of AccountRight is STP ready? The latest version of AccountRight is STP ready. If you're using an earlier version, see your upgrade options on the MYOB website.
As a result of this change, you may no longer need to complete payment summaries at the end of the financial year as your employees' payroll information will be available to them through the government's online service, MyGov.
You can report Single Touch Payroll amounts to the ATO directly from AccountRight (2018.2 and later).
Do I need to report my payroll?
If you have
you'll need to
20 or more employees
set up and start reporting using Single Touch Payroll by 1 July 2018
fewer than 20 employees
set up and start reporting using Single Touch Payroll by 1 July 2019