Single Touch Payroll – What you need to know.

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Single Touch Payroll

What you need to know about changes to the way you report your payroll information to the ATO. Changes to the way businesses report their payroll to the ATO are coming.

If you employ 20 or more staff, you will be required to report your payroll and super information to the ATO through your payroll software, starting 1 July 2018. If you have 19 or less staff, you will need to make these changes from 1 July 2019.

For more information about these changes, please read this Single Touch Payroll fact sheet from the ATO.

Further details about your accounting software, and its Single Touch Payroll compliance, can be found using the following links:

Xero
MYOB
Sage
Reckon
Quickbooks

As always, if you have any questions regarding Single Touch Payroll and how it effects your business, please contact our office.

P: 1300 832 622   |   E: mail@teamaccountants.com.au

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Tower 2, Level 2, 55 Plaza Parade Maroochydore QLD 4558

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