AccountRight Plus and Premier, 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 AccountRight (from either online or desktop company files). As a result of this change, you may no longer need to complete payment summaries at the end of the financial year as your employees' payroll information will be available to them through the government's online service, myGov. HTML |
---|
<iframe width="560" height="315" src="https://fast.wistia.com/embed/medias/sxkw32jgny" frameborder="0" allowfullscreen></iframe> |
Things to do nowDo a headcount of your total 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? What's MYOB doing?MYOB is AccountRight 2018 has been updated to help you get ready for STP reporting. We're working closely with the ATO to put the finishing touches on AccountRight to ensure you can start reporting ensure you'll be able to report your payroll data to them from 1 July 2018. Learn how to set up Single Touch Payroll reporting. Want to learn more about Single Touch Payroll?Here's some great resources:
|