Single Touch Payroll (STP) is coming

Attention – Business Owners hiring employees

Small employers (those with 19 or less employees) need to start Single Touch Payroll (STP) reporting before 30 September 2019.

There is support available for employers transitioning to STP reporting, especially those who are not currently using software. For further information visit ATO website at www.ato.gov.au

What you need to do

› Decide the ‘reporting solution’ that best meets your needs. Information on reporting solutions can be found at ato.gov.au/stpsolutions

› If you are using a payroll software, talk to your provider to find out how they can help you with STP reporting

› If you employ one to four employees then you can choose a low-cost or no cost STP solution. For more information visit ATO website at ato.gov.au/stpsolutions.

Contact Expert Tax on 0449 952 855 or 1300 8 MY TAX (1300 869 829) for assistance on tax related matters.

Like and follow our Facebook page for regular tips, updates and reminders.