Single touch payroll or STP is a new ATO initiative aimed at online payroll reporting. It’s a way for employers to lodge the payroll of employees directly to the ATO every time they process the payroll instead of the end of the year.
Single Touch Payroll deadline of 1 July 2019 is fast approaching. What does that mean for you?
IF YOU ARE AN EMPLOYEE:
You will no longer get a paper/email PAYG Payment Summary you will need to get a my.gov account to access as the data will