Single Touch Payroll: Meet ATO Requirement
ATO have made Single Touch Payroll (STP) compulsary for all business starting from the 1 July 2019.
What is single touch payroll?
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO.
If you are using a solution that offers STP reporting, such as payroll or accounting software, you will send your employees’ tax and super information to ATO each time you run your payroll and pay your employees.
Our Special deals for Businesses:
✅Option 1. Up to 4 employees. $44 incl gst. Per payroll cycle.
✅ Option 2. Up to 8 employees.
$ 66. Per payroll cycle. Any extra employee charges at $3.50
✅Option 3. More then 50 employees.
$3.50 per employee flat rate per payroll cycle.
What you will get from us?
✔ Payroll professionally processed by us for employees
✔ Paslips emailed to you.
✔ One touch payroll processed by us on your behalf notifying ATO of all employee’ s salary details.
✔ No extra software cost.
✔ No set up charges.
✔ Year end pay summary for each employee processed and sent to you for free.
Single Touch Payroll FAQ
Yes from 2019 all employers have to report salary details of their employees via singke touch payroll.
You could buy a software like Myob or Xero on subscription and process your payroll and one touch payroll via the software.
The single touch payroll system reports your employees Tax and super amounts per pay cycle and also the ytd to the ATO .
It takes the stress off your back every week and you can concentrate on your business. With our firm you do not even have to purchase any software or pay any on going costs.
All works professional and correctly done and you can be kept up to date about new legislation for no extra fees. We also provide you with free annual path summary report for all your emoyees.
Above all with the special prices we offer for this service it is not worth your time and effort to do this.
Single Touch Payroll will allow employees to see up-to-date pay, tax withheld, and employer superannuation contributions throughout the year through the ATO’s online service, MyGov.
Employee names, addresses and TFNs
The ‘Company Name’ in your database should match the name associated with the ABN, which you can check via abr.business.gov.au
Allowances should be categorised