Single Touch Payroll is an ATO initiative to streamline payroll reporting.
Put simply, Single Touch Payroll legislation requires employers to report wages, PAYG withholding, and superannuation information directly to the ATO using an online payroll system.
Do I need Single Touch Payroll?
If you manage payroll for your business or a client, you will need to comply with Single Touch Payroll legislation:
1 - 19 Employees
You have until 1 July 2019 to get STP compliant.
You should already be STP compliant.
To find out which employees to count when doing a headcount, click here.
How do I get Single Touch Payroll compliant?
With QuickBooks Online. Our integrated payroll solution powered by KeyPay does the maths and stays on top of ATO requirements. Helping to keep your payroll on time and compliant.
When do I need Single Touch Payroll?
ATO Single Touch Payroll will be mandatory for all employers from 1 July 2019. With this date fast approaching, we encourage small businesses with employees to get digital-ready as soon as possible.
How will Single Touch Payroll affect my payroll?
If you’re already using payroll software, Single Touch Payroll won't change the way you process payroll.
If you’re not digital-ready and need some help, we’ll do the hard work for you. Our powerful payroll software, powered by KeyPay, works behind the scenes to automatically report your data with every pay run
Do I need an accountant to get Single Touch Payroll?
QuickBooks Online payroll, powered by KeyPay, comes with Single Touch Payroll compliance built in. But it is always nice to get some extra advice.
We can even help connect you with an STP expert. Choose from a selection of qualified accountants and bookkeepers with the skills your business needs to stay on top of payroll and ATO compliance. Click here to find an STP expert.
Does QuickBooks have a Single Touch Payroll solution?
We certainly do. QuickBooks Online payroll, powered by KeyPay, comes with Single Touch Payroll compliance built in. So whatever your business, you can pay your staff with ease and confidence.
Does STP cost extra?
There is no extra cost for STP; compliance comes as part of your QuickBooks Online subscription.
How will STP affect my business?
If you're a QuickBooks customer, you're in good hands. Our integrated payroll solution, powered by KeyPay, has been STP ready for quite some time.