SINGLE TOUCH PAYROLL
The introduction of Single Touch Payroll
(STP) by the Australian Taxation Office is
going to change the way business and
their tax practitioners manage and report
compliance to ATO, especially on payroll.
STP applies to all employers with a headcount of 20 or more employees from July
2018, including full time, part time and casual employees. Employers with less than 20
employees can voluntarily report STP or have until July 2019 to comply.