Single Touch Payroll (STP) was introduced on 1st July 2018 for all businesses with 20 or more employees. The laws to extend the Single Touch Payroll (STP) reporting requirements so they apply to all employers with less than 20 employees has now passed the Senate and will be Law.
This means STP is set to be rolled out in stages to smaller businesses with less than 20 employees as at 1 July 2019.
Whilst there are still elements of the STP rollout for smaller businesses that need to be defined by the ATO, what is clear is that you need to be aware of what STP is, and what it will mean for you into the future.
What do you need to know? Click on the link to find out! https://mailchi.mp/5b98a0688de4/single-touch-payroll-now-required-for-all-australian-businesses