AccountRight Plus and Premier (v2018.2 and later), Australia only
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 AccountRight, 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, you'll do a quick finalisation. Then your employees can access their payroll information through the ATO's online service, MyGov.
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Do I need to report via STP?
If you pay employees, you'll most likely need to report to the ATO via STP from 1 July 2019. But if you're not sure, check with the ATO, as some exemptions still apply.
If you haven't been using STP up to 30 June 2019, you'll need to prepare payment summaries for your employees. But this will be a thing of the past once you set up STP.
Setting up STP
AccountRight 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.
For all the details, see Setting up Single Touch Payroll reporting. Also find out What happens after I've set up Single Touch Payroll?
Learn more about STP
Learn from an expert at an Single Touch Payroll training course, or complete an online e-learning course. Visit MYOB Academy to get started.
Visit the ATO website for lots of great info for businesses, see Single Touch Payroll. Or if your employees want to know more, the ATO has them covered too, see Single Touch Payroll for employees.