Single Touch Payroll mandatory from 1 July!

Every employer will be required to use the Single Touch Payroll (STP) system from 1 July 2019. If you are still using a manual system to pay your staff, you will need to change soon.

Recent legislative changes now remove the need for you to undertake a headcount to determine whether you have 20 or more staff at any time.

If you haven’t started using STP yet, you will need to do the following before 1 July 2019:

update your payroll system so that it can complete STP requirements, or

• engage with us to complete these payroll reporting requirement for you.

For more information, please do not hesitate to contact us. If you only employ closely held employees, please call us to see if you have any further exemptions.