Single Touch Payroll reporting started 1 July 2018 for employers with 20 or more employees.
If you have 20 or more employees (as per your 1st April 2018 Head Count) you have been classified as a ‘substantial employer’ and you will need to start reporting through Single Touch Payroll this month.
If you have under 20 employees you have 12 months to start reviewing your existing software to ensure it will be Single Touch Payroll ready and alternatively if you don’t currently have a Payroll solution you will need to choose one that is STP ready and suits your business by July 1 2019.
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 belindad@davidsons.com.au