This guide is for Australian employers with 20 or more employees who must report to the ATO via STP starting 1st July 2018.
The ATO has provided extensive documentation on Single Touch Payroll for businesses/employers.
At a minimum, we recommend you 've read the Single Touch Payroll employer reporting guidelines PDF available from the Report through Single Touch Payroll section of the ATO's site. As an employer, it is your the Single Touch Payroll Employer Reporting Guidelines for phase 1 and phase 2 from the ATO.
As an employer, you have a responsibility to ensure that you're familiar with and full-fill fulfil your STP reporting obligations.
How to get started with STP
The quickest and easiest way of getting started with STP is to do the following BEFORE before your first 2018/2019 Pay Run:
- Notify the ATO that you are using Infinet Cloud Payroll for STP
- Run the STP Branch Setup Assistant for each Company/Subsidiary/Branch you will be reporting for
- Ensure all your employees Employees have correct data
- Continue to process Payroll as you normally would. Reporting via STP will be initiated automatically.
