Legislation has been passed to extend Single Touch Payroll (STP) to include employers with 19 or less employees from 1 July 2019
You will be required to report payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation contributions from your payroll software each time you pay your employees.
Your payroll or reporting system must be STP compliant so that each pay cycle can be report to the ATO.
For more details please follow the link below:
Please feel free to contact MY Books & Payroll on 5427 8118 or Langley McKimmie on
5427 8100 if you would like our assistance.
“My Books & Payroll” experienced bookkeepers, Cate, Emma and Ebony offer a comprehensive bookkeeping service or tailored account services.