Single Touch Payroll reporting starts from 1 July 2018 for employers with 20 or more employees. To ensure you are ready there are things you need to start addressing now!
To find out if you need to be ready by 1 July 2018 you need to do a headcount of the employees you have on your payroll on 1 April 2018.
To find out how to count your employees correctly Click Here.
If you have 20 or more employees on that date you will be classified as a ‘substantial employer’ and you will need to report through Single Touch Payroll from July 1 2018.
How these changes may affect you:
- You will need to review your existing software to ensure it will be ready for Single Touch Payroll reporting
- If you don’t currently have a Payroll solution you will need to choose a Payroll solution that is Single Touch Payroll enabled and that suits your business – we can help!
Our team are here to help and are able to discuss and review your current Payroll situation, your future requirements and help align you with making the right software choice.
Should you have any questions or require assistance please don’t hesitate to contact Belinda Doherty on (03) 5221 6816 or Jodie Campbell on (03) 5244 6845 or by sending an email to firstname.lastname@example.org