What is Single Touch Payroll (STP)?

Single Touch Payroll is an ATO compliance regulation that requires employers to report payroll activity including salary, wages, PAYG withholding and superannuation to the Australian Tax Office (ATO). STP reporting began on 1 July 2019 for all employers. Ensure your business is compliant with latest payroll reporting and get ready for the JobKeeper scheme with our STP ready plans with no lockin contracts.

Q6 Payroll with STP plan

With our Basic Payroll only plans now you can easily process and accurately record your JobKeeper payments with just $7 per month. The Basic plan allows you to add up to 5 payroll employees, unlimited internal user +Accountant login and get access to full Payroll functionality. 

small business owners

Single Touch Payroll (STP) Phase 2 is coming to Q6

In the 2019-20 Budget, the Federal Government announced an expansion to the Single Touch Payroll (STP).

The expansion of STP Phase 2, helps obtain more detailed information and streamline employer interactions. Once the roll-out is completed, this will reduce the need for employers to report information about employees to multiple government agencies.

The Single Touch Payroll Phase 2 will also aid the administration of Services Australia. For more information head to www.ato.gov.au

The STP Phase 2 updates will be available in Q6 from around August 2022.

happy cafe owners using Single Touch Payroll (STP)

What’s not changing?

• The way you lodge Single Touch Payroll (STP)
• The Single Touch Payroll due date
• The types of payments that are needed
• Your current tax and superannuation obligations
• end-of-year finalisation requirements.