Single Touch Payroll is a government initiative to streamline business reporting obligations.
Employers with 20 or more employees have already been required to comply with STP provisions.
From 1 July 2019 it will be mandatory for all employers to report using Single Touch Payroll. Employers will need to report payments such as salaries and wages, pay as you go (PAYG) withholding and super information directly from their payroll software at the same time they pay their employees.
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