Single Touch Payroll (STP) is a simple way to report your employees’ payroll information to the ATO and keep your business compliant. Tell me more about STP. MYOB Essentials helps you get STP ready—here's what's involved: Ready to get started?You can dive right in by going to the Payroll menu and choosing Payroll Reporting.
What you need to do- Check company and employee details meet ATO requirements.
- Assign ATO reporting categories to your payroll categories.
- Connect to the ATO to allow payroll info to be submitted.
If you pay employees on multiple company files, you need to follow these steps to set up STP for each file. You'll need an MYOB subscription for each file you want set up – to purchase additional subscriptions, please call MYOB on 1300 555 151 (Australia) or 0800 60 69 62 (New Zealand). UI Text Box |
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| Get your employees to set up a myGov account so they can access their year-to-date payroll info and end of year summary. |
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<h2><i class="fa fa-comments"></i> FAQs</h2> |
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title | How do I know if I'm set up for STP? |
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| How do I know if I'm set up for STP?You'll know you're set up when you go to the Payroll menu > Payroll Reporting and see the Payroll reporting centre:
If you don't see this, but instead you're prompted to set up Single Touch Payroll - see this topic for help. Once you're set up and you click Looks good to process a pay run, you'll be prompted to declare and submit the information to the ATO. You'll only be able to do this if you've completed the Connect to the ATO steps. |
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title | What happens after I'm set up for STP? |
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| What happens after I'm set up for STP?Once you've connected to the ATO, you're all set up for Single Touch Payroll reporting. You won't notice anything new while entering your pays, but after you process a pay you'll now have to send the payroll information to the ATO. This is easily done, enter the name of the authorised sender and click Send. Image Added You can check the status of your submissions by going to the Payroll menu and choosing Payroll Reporting. Learn more about what happens after you've set up Single Touch Payroll. |
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