Single Touch Payroll (STP) reporting laws start
**Single Touch Payroll (STP) applies to all businesses who pay a wage to at least one employee. What is Single Touch Payroll (STP)? Find out everything you need to know about STP Phase 2 in our guide.**
It’s the 1st of July 2019. It’s the start of the new financial year. More importantly, it’s the start of Single Touch Payroll (STP) reporting.
As of today, all micro and small businesses in Australia must be STP compliant.
If you’re new to the game that means that you must be using an STP compliant software to run payroll or you will be penalised by the Australian Taxation Office (ATO).
Try out payroll software designed for small business
Payroller has been designed specifically for small businesses to run STP payroll easily.
It’s simple and cost-effective. If you haven’t signed up to an STP solution yet, you can try Payroller for free and be STP ready in minutes.