MYOB Essentials, Australia only Australia only 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 MYOB Essentials. As a result of this change, you'll no longer need to complete payment summaries at the end of the financial year as your employees' payroll information will be available to through myGov. MYOB Essentials will be compliant prior to the first reporting date. HTML |
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Want to learn about Single Touch Payroll?Here's some great resources: If you want to understand the finer details and how it relates to your MYOB software, we recommend attending one of our Single Touch Payroll training courses. Image Removed Things to do nowTake a look at set up Single touch payroll reporting which steps you through checking your payroll details in readiness for STP reporting. Next stepsYou 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? |