You MUST activate your Single Touch Payroll (STP)

Single Touch Payroll (STP) is a change to the way you report your employees’ tax and super information to the Australian Taxation Office (ATO).
From 1 July 2019, every time you pay your employees you’ll need to report the following through an STP-ready solution:

• Salaries and wages
• Pay as you go (PAYG) withholding
• Super information.

You can also get a third party – like a payroll service provider or your friendly GW accountants – to report for you if they’re using an STP-ready solution.
Start reporting any time from 1 July to 30 September 2019. If you need more time to get ready, you’ll need to apply for a later start date. An online tool to help you is available on our website. You can choose to start reporting earlier if you have an STP-ready solution.

You MUST activate your Single Touch Payroll (STP)

• You will be reporting salary and wages, PAYG withholding and super information to the ATO at the same time you pay your employees.

• You won’t need to give your employees a payment summary at the end of the financial year for the information you report through STP.

• Your employees will be able to see their year-to-date and end-of-year tax and super information in their ATO online account linked to myGov.

You MUST activate your Single Touch Payroll (STP)

• Visit ato.gov.au/STP for information about STP, including the transition options available to you.

• If you use a payroll software solution like Xero or SageOne, check to see how to update it for STP or if you are unsure
on how to activate the product, give us a call on (08) 9430 7888 or send us an email at admin@gwcapitalgroup.com.au
and someone from our team will contact you.

• Book a time to come see us and we can suggest our choice of suitable payroll options