The Single Touch Payroll (STP) may have been looming for the past years, but now, it is in effect, at least for companies that have more than 20 employees. But whenever you are going to deal with STP reporting and there is a deadline coming, it is always a good idea to ask an STP…
Month: March 2019
Single Touch Payroll What You Have to Know
Business owners will need to be aware of the Single Touch Payroll (STP). The Single Touch Payroll is an initiative by the Australian Tax Office (ATO) that hopes to provide better accuracy and timeliness on a business’ payroll processes. Among the things that it is aimed to help businesses with include payroll and taxation. Companies…
