Single Touch Payroll (STP) is a simple way to report your employees’ payroll information to the ATO and keep your business compliant. Tell me more about STP.
AccountRight helps you get STP ready—here's what's involved:
Ready to get started?
To start reporting your payroll information via STP from 1 July, we recommend finishing your last pays for June and preparing your payment summaries. Once that's out of the way, you're ready to set up STP for the new payroll year.
You'll need an internet connection to complete the setup, but your company file doesn't need to be online.
To get started, go to the Payroll command centre and click Payroll Reporting.
What if I'm setting up STP part-way through the year?
When you process a pay after setting up Single Touch Payroll, the year-to-date totals for the employees you're paying are sent to the ATO.
If there are employees you've paid in the current payroll year who you're unlikely to pay again, you can send their year-to-date totals to the ATO by recording a $0 (zero dollar) pay for employee. Remove all hours, amounts and entitlements from the pay. When the $0 pay is recorded, you'll be prompted to declare and send the details to the ATO.