Single Touch Payroll (STP) is a simple way to report your employees’ payroll information to the ATO and keep your business compliant. If you’ve subscribed to MYOB Essentials, you can start STP reporting now. There's no additional charges.
Once you're set up, you'll send your employees' salary, tax and super info to the ATO after each pay. This means no more payment summaries at the end of the financial year. Instead, your employees can access their payroll information through the ATO's online service, MyGov.
Do I need to report via STP?
If you pay employees, you'll most likely need to report to the ATO via STP. But if you're not sure, check with the ATO.
Setting up STP
MYOB Essentials guides you through the setup process to make sure your payroll details meet the ATO requirements. You'll then set up a connection to the ATO.