Do you have to use single touch payroll?
The ATO has followed through on plans to improve digitisation of tax reporting and returns, making it mandatory for all employers to use Single Touch Payroll from 1 July 2019..
How often do I need to report STP?
Quarterly STP report due date If you report quarterly, you will need to send your STP pay event once per quarter at the same time you lodge your activity statement.
Can you lodge STP through ATO portal?
Yes, STP reports cannot be lodged through the Tax Agent Portal or via the business portal. If a registered tax agent provides a payroll service to micro employers, the agents will need to report the payroll data through an STP-enabled software.
What is Ato single touch payroll?
Single Touch Payroll (STP) is an Australian Government initiative which streamlines the reporting of tax and superannuation information to us. Using STP-enabled software, you send your employees’ salary and wage, tax withheld and super information to us each time you pay them.
Who is exempt from single touch payroll?
Employers with a withholding payer number (WPN) are exempt from STP reporting for the 2018–19, 2019–20 and 2020–21 financial years. You will need to start reporting these payments through STP from 1 July 2021. If you decide to make use of this exemption, you don’t need to apply to us or advise us.
When was single touch payroll introduced?
STP started on 1 July 2018 for employers with 20 or more employees and 1 July 2019 for employers with 19 or fewer employees.