Single Touch Payroll extending to small employers
01 February 2019
Single Touch Payroll reporting will be extended to employers with less than 20 employees from 1 July 2019.
Under this new reporting system, you will need to use payroll or accounting software that offers Single Touch Payroll to send your employees’ tax and super information to the Australian Taxation Office (ATO) each time you pay your employees.
We strongly urge you speak to your payroll or payroll software provider to find out if your current systems and processes will meet the new reporting obligations.
As Single Touch Payroll was introduced for large employers in 2018 it is possible your provider/software is Single Touch Payroll ready.
BUSSQ is here to help you with the transition to Single Touch Payroll and our webinar with an ATO expert provides details on what you need to do for this new reporting system.
The ATO recognises that this may be a big change for some small businesses and will be providing support to assist with the transition. We strongly urge you check the ATO’s Single Touch Payroll site for more information and resources.
If you need any more information your dedicated Account Manager is here to help.
BUSSQ Single Touch Payroll Seminar