HomeNews › #GetreadyforSTP

#GetreadyforSTP

#GetreadyforSTP

Single Touch Payroll, also called STP or one touch payroll, is an initiative from the ATO to encourage frequent salary reporting. This means you’ll be required to report salaries and wages, PAYG withholdings, and superannuation, every time you pay your employees.

From 1 July 2019, all Australian small business owners are required to report their payroll information using STP-enabled software.

Here are 3 steps you can take to #getreadyforSTP:

3 steps



Speak to your accountant/bookkeeper

Seek advice from your accountant or bookkeeper and ask about STP. Don't leave it until June.


Check with you payroll software

Xero have launched a new Payroll-only product for as many as four employees, with an expected price of about $10 a month.


Stay informed

For some businesses, the only change you’ll need to make is reporting more frequently instead of once at the end of a financial year.


Leave a Comment

First and Last Names
E-mail Address



Ready to Accelerate?

Message Us

Chat with Us


  07 3257 3054
  james@thecatalysisgroup.com.au

 Newstead, 4005

Subscribe to the good stuff



Connect with Us



Copyright © 2019 The Catalysis Group. Website Powered by Synergy 8