Single Touch Payroll (STP) is a new way of reporting tax and superannuation information to the Australian Taxation Office (ATO) directly from your payroll software.
From 1 July 2019, STP will be compulsory for all employers.
To comply with this new regulation, you will need to be set up and running STP-enabled payroll software.
Is your business ready?
Fortunately, AccountCom can help. We have 12 months+ experience using STP, including client set up and management.
All you need to do is call us today on 4934 4662 for an over the phone assessment of what you need to do to get STP-ready.
STP doesn’t need to get confusing, but it does need to be set up correctly from the start.
1 July is just around the corner, so call us today.