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Not using AccountRight 2018? See the help for MYOB Essentials | MYOB AccountEdge | MYOB AccountRight v19.

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. 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 AccountRight will be compliant prior to the first reporting date and will include tools to help make this transition as smooth as possible.

Want to learn more 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.

 

 

 

Things to do now

There are no tasks for you to complete in AccountRight yet.

Soon, we’ll prompt you to start reviewing your employee and payroll information to make sure you meet the ATO's reporting requirements.

ATO Reporting Category

You’ll notice a new field called ATO Reporting Category in some of your payroll categories. This will be used for Single Touch Payroll reports, which some employers may need to start lodging from 1 July 2018.

Learn more about assigning ATO reporting categories.

Please note that the ATO guidelines for these categories is not yet available. We'll update our help when it is, so check back soon!

Next steps

On 1 April 2018 you’ll need to do a headcount of your employees. This is a headcount – not the full time equivalent (FTE) number.

Do you have 20 or more employees?

Yes

You’ll need to start reporting payroll and super information using Single Touch Payroll from 1 July 2018.

Instructions on how to get ready are coming soon.

No

You don’t need to use STP reporting now, it's only optional.

But, watch this space. All employers may need to start reporting using STP from 1 July 2019, subject to new legislation being passed.

What's MYOB doing?

MYOB is working closely with the ATO to put the finishing touches on AccountRigh in advance of the 1 July 2018 deadline. We're also running a beta program with real businesses using AccountRight to report their payroll information. If you're keen to join, register now.

If joining a beta is not for you and you want learn more, we recommend attending one of our Single Touch Payroll training courses.

We also recommend keeping an eye on the MYOB website for the latest MYOB info on Single Touch Payroll.

 
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