Single Touch Payroll

Single Touch Payroll (STP) – Are you ready?

From 1 July 2021 all amounts paid to closely held payees will need to be reported to the Australian Taxation Office through an STP enabled software.

For more information please refer to;

https://www.ato.gov.au/business/single-touch-payroll/concessional-reporting/closely-held-payees/

For all employers already reporting via STP, please be aware the due dates for your finalisation declarations are;

• 30^th September 2021 for all closely held payees;
• 14^th July 2021 for all other employees;

If you have any questions, please contact our office.