Single Touch Payroll (STP) is a new payroll reporting requirement being introduced by the Australian government effective the 1st of July 2018. Single Touch Payroll was legislated on the 16th of September 2016, as part of the Budget Savings (Omnibus) Act 2016. Any organisation with 20 or more Employees will need to comply with the requirements of Single Touch Payroll Reporting on the 1st of July 2018 , with a plan to expand the requirement on the 1st of July 2019 to include organisations with less than 20 employees from this date onwards (subject to legislation being passed in parliament).
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