It’s official! Single Touch Payroll is go! The Senate passed the Treasury Laws Amendment (2018 Measures No. 4) Bill, meaning Single Touch Payroll reporting will be required by all employers, regardless of the number of employees.

Who does this impact?

Anyone who employs staff.

What does it mean?

It means every company will be required to transfer payroll transaction data to the ATO each time your employees are paid. This may require you to use a cloud software solution that will transmit the data to-and-from the ATO on your behalf.

When does it come into effect?

1 July 2019

We will be holding information and support sessions on this topic early in the New Year. If you’d like to attend, register your interest here.