Single Touch Payroll is here!

Single Touch Payroll (STP) is an added reporting requirement designed to streamline reporting to the Australian Taxation Office (ATO).

Each pay cycle, you’ll be sending employees’ tax and super information direct to the ATO from your payroll provider.

20 or more employees

If you and your software are ready, you need to start reporting through STP. If not, you’ll need to apply for your own deferred start date.

Fewer than 20 employees

You have until 1 July 2019 (subject to legislation being passed), but if you and your software are ready there’s nothing stopping you from starting right now.

The ATO’s Single Touch Payroll factsheet has all the details. There’s also a handy checklist. Take a look. 

Click here to find out more about Energy Super.

Electricity Supply Industry Superannuation (Qld) Ltd (ABN 30 069 634 439, AFSL 336567) is the Trustee for Energy Super (ABN 33 761 363 685). Energy Super is an authorised MySuper product provider (Product Number 33 761 363 685 380). USI: 33 761 363 685 001