Be ready for Single Touch Payroll with MYOB

From 1 July 2018, STP reporting became mandatory for employers with 20 or more employees. From 1 July 2019, small employers with 19 or less employees are also required to adopt STP reporting. Micro employers (1-4 employees) are subject to other concession - find more information on the ATO’s website.

MYOB is continuously working directly with the ATO to ensure that you’re ready to be STP compliant. All of MYOB’s payroll enabled solutions will be compliant prior to the reporting date and deliver an easy-to-use solution to make this transition as smooth as possible. STP is a big change for a lot of businesses so make sure you are ready.

<div class="wistia_responsive_padding" style="padding:56.25% 0 0 0;position:relative;"><div class="wistia_responsive_wrapper" style="height:100%340px;left:0;position:absolute;top:0;width:100%600px;"><iframe src="https://fast.wistia.net/embed/iframe/sxkw32jgny?seo=false&videoFoam=true" title="Wistia video player" allowtransparency="true" frameborder="0" scrolling="no" class="wistia_embed" name="wistia_embed" allowfullscreen mozallowfullscreen webkitallowfullscreen oallowfullscreen msallowfullscreen width="100%600px" height="350px340px"></iframe></div></div>
<script src="https://fast.wistia.net/assets/external/E-v1.js" async></script>

What is Single Touch Payroll?

Single Touch Payroll is a new, simpler way to report your employees’ payroll information. This reporting change, mandated through new Australian government legislation, will ensure employers report payments such as salaries and wages, PAYG withholding and super information electronically through the ATO directly from their payroll software at the same time they pay their employees.

As a result of Single Touch Payroll, businesses will no longer be required to complete payment summaries at the end of the financial year as it will have already been done and available to employees through myGov. You will report your employees’ payroll information directly to the ATO from your payroll solution.

Single Touch Payroll reporting

Instructor Led Training