Single Touch Payroll (STP) For Small Business
ATO compliance doesn't have to be complicated. QuickBooks payroll powered by KeyPay is ATO approved and comes with STP compliance built in.
What is Single Touch Payroll (STP)?
How QuickBooks can help with STP compliance?
Discover the benefits of Single Touch Payroll and using QuickBooks Payroll powered by KeyPay.
Streamline reporting
Automatically send payroll info each pay run
Fast and accurate processing
No more manual data entry
Easier at tax time
Save time and paperwork at the end of the financial year
ATO approved
Send complete and ATO compliant reports with every pay run
When does Single Touch Payroll start?
Single Touch Payroll is here now. If you manage payroll for your business or a client, you will need to comply before your next pay run.
Once you're set up, every pay run you report will comply with the ATO legislation. If you think you have missed the STP compliance cut-off, talk to your accountant or bookkeeper about Single Touch Payroll.
According to the ATO, small employers with 19 or less employees need to now report their employees’ payroll information through Single Touch Payroll.
Micro employers with less than 4 employees can report through their registered tax or BAS agent on a quarterly basis.
Large employers with 20 or more employees should be reporting through Single Touch Payroll already.
How do I get ready for Single Touch Payroll?
There are plenty of software providers out there, but unlike some, QuickBooks Payroll has STP compliance built in. Plans start from just $22 a month, and you can add Payroll for just $5 per month, per employee paid*. So whatever your business, you can pay your staff with ease and confidence.
“If you're a QuickBooks user, you're in good hands—Our integrated payroll solution is 100% ATO compliant and Single Touch Payroll enabled. You can add Payroll to your plan from as little as $5 per month, per employee paid*
Build your perfect plan
Select your QuickBooks Online plan and add Payroll to match
Simple Start
Simple accounting tools for a single user to track expenses and stay organised.
- Track income & expenses
- Send unlimited invoices & quotes
- Snap & store receipts
- Track kilometres
- Connect your bank
- Track GST & e-lodge BAS
- Insights & reports
- Manage cash flow
- $
- $/mo*
- Save % for months
- No credit card required
Essentials
Flexible accounting tools for up to 3 users to manage bills and track time.
- Manage suppliers and bills
- Multi-currency
- Set-up recurring transactions
- Manage users (up to 3)
- + All Simple Start features
- $
- $/mo*
- Save % for months
- No credit card required
Standard payroll
A simple plan, for fast and easy payroll.
Advanced payroll
Best if you need to assign rosters or your employees rates/awards differ.
How to switch on STP in QuickBooks
- Sign in to your QuickBooks account
- Select Employees and sign up to KeyPay (our integrated payroll partner)
- Select Payroll settings then Electronic lodgment and STP
- Select Enable Single Touch Payroll
For a more detailed look at how to set up STP, click here.
