Jun 2018 1 Minute
Single Touch Payroll is coming
Single Touch Payroll is coming. Single Touch Payroll is a government initiative to streamline business reporting obligations for the ATO.
Important dates to look out for:
April 2018 - look at staff numbers at this date to determine if you have 20 or more employees.
1 July 2018 - single touch payroll reporting will be mandatory for employers with 20 or more employees.
1 July 2019 - employers with 19 or less employees will be required to report through single touch payroll, subject to legislation being passed.
The following payroll systems are compliant with single touch payroll:
- QuickBooks
- Attache
- Definitiv
- XERO
- Sage WageEasy
- MYOB
For more information please click here to view the ATO’s single touch payroll checklist or call us on 9364 9988 to make sure you are ready for 1 July 2018.
