AccountRight Plus, Premier and Enterprise, Australia only
Single Touch Payroll (STP) an ATO requirement which will change
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AccountRight v19 is not compatible with Single Touch Payroll reporting. If you need to
To report your payroll activity via STP, you need to upgrade to AccountRight 2018. If you can't upgrade just yet, we've worked with the ATO and you have been granted a deferral from STP reporting until 31/5/2019. Read below for more information.
What is Single Touch Payroll?
Single Touch Payroll (STP) is an ATO requirement which changes the way you report payroll payments, including:
- salaries and wages
- pay as you go (PAYG) withholding
- superannuation information
It’ll simplify your ATO reporting because you’ll be able to do it directly from your payroll software at the same time as you pay your employees. This means you’ll be able to meet your ATO reporting obligations at the same time you pay your employees, instead of running a separate process. It will also make EOFY a breeze because you’ve already reported your payroll activity throughout the payroll year.
Learn more about the requirements of Single Touch Payroll on the ATO website. Learn more about what MYOB are doing STP and your MYOB software at myob.com/stpWhat do
Do I need to do ?
You need to do a headcount of your employees as at 1 April 2018. This is a headcount – not the full time equivalent (FTE) number. The ATO website explains more about this headcount.
Did you have 20 or more employees on 1 April 2018?