TWO SIDES BLOG

Single Touch Payroll is coming - SOON

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 be sent electronically. IF YOU ARE AN EMPLOYER: You will need to start processing your payroll electronically using software - sorry you can no longer do it manually. IF YOU HAVE A BUSINESS AND ONLY PAY YOURSELF AND

RSS Feed
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Social Icon
  • Instagram Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Copyright 2017 - Two Sides

ABN  14 715 925 101

Xero-Gold-Champion-Partner-Logos.png
  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • YouTube - Black Circle

Liability limited by a scheme approved under Professional Standards Legislation.