Single Touch Payroll (STP) at a glance
What is Single Touch Payroll?
Single Touch Payroll (STP) is the new way to report wages, PAYG and super to the ATO. Instead of waiting until the end of the financial year, employee payroll info is reported every time they get paid.
Automatically send payroll info 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.
Who needs Single Touch Payroll?
If you manage payroll for your business, you will need to comply with Single Touch Payroll legislation.
You need to get STP compliant now.
You should already be STP compliant.
To find out which employees to count when doing a headcount, click here.
When is the deadline for Single Touch Payroll?
According to the ATO, small employees with 19 or less employees need to now start reporting their employees' payroll information through Single Touch Payroll.
For micro employers with less than 4 employees, they can be Single Touch Payroll compliant by reporting through their registered tax or BAS agent every quarter.
Large employers with 20 or more employees should be reporting through Single Touch Payroll already.
How to get Single Touch Payroll
QuickBooks Online has an integrated payroll solution, powered by KeyPay. It does the maths and stays on top of ATO and SuperStream requirements, helping to keep your payroll accurate, on time and STP compliant.
Create a QuickBooks account
Process a pay run
QuickBooks and KeyPay
KeyPay's powerful payroll software seamlessly integrates with QuickBooks Online. So you can pay your staff, generate payslips and calculate Payroll Tax, all without leaving QuickBooks Online.
Single Touch Payroll (STP) benefits
How Single Touch Payroll (STP) works