Single Touch Payroll Reporting to the ATO – Overview
- Posted by: Malcolm
- Category: Business / General, ERP, MYOB Exo, Tencia
Single Touch Payroll will change the method by which your business will report payroll data to the Australian Taxation Office. STP will be compulsory for most employers from 1st July, 2018. This is part of an Australian Government strategy to modernise compliance and data integration involving the ATO, Employee Entitlements Guarantee and Superannuation Guarantee.