MYOB ERP Solutions

Single Touch Payroll

Ensure your business remains compliant

myob exo single touch payroll

What is Single Touch Payroll?

Single Touch Payroll (STP) is an ATO initiative to streamline payroll reporting. From July 1, 2018, if you have 20 employees or more, you can say goodbye to EOFY payment summaries.

All you need to do is just report employees’ payroll information (salaries, wages, PAYG withholding and super info) as you pay directly to the ATO from your payroll solution.

What do you need to do?

Single Touch Payroll will be mandatory from July 1, 2018, for businesses with 20 or more employees. For more information download the STP guide.

How do I get ready?

To be ready for July 1 2018, you will need to update your current payroll solution to a version that is Single Touch Payroll-enabled.

MYOB Exo Employer Services will be updated to support STP by providing a STP workflow prior to July 1 2018 and enhancements will be made to support the creation and submission of STP reports directly to the ATO.

For now, we encourage you to take note of the important dates section below and encourage you to read our Single Touch Payroll Guide. Alternatively, you can also contact us at payroll@axsys.com.au for any questions you may have.

Important dates:

April 1, 2018

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Meeting your ATO obligations:

You need to submit employee numbers to the ATO by April 1 2018 to see if you’ll be required to submit your pay information to the ATO from July 1 2018

You need to include the following employees in your headcount:

  • full-time employees
  • part-time employees
  • casual employees who are on your payroll on 1 April and worked any time during March
  • employees based overseas
  • any employee absent or on leave (paid or unpaid)
  • seasonal employees (staff who are engaged short term to meet a regular peak workload, for example, harvest workers).

Do not include:

  • any employees who ceased work before 1 April
  • casual employees who did not work in March
  • independent contractors
  • staff provided by a third-party labour hire organisation
  • company directors
  • office holders
  • religious practitioners

If you are part of a company group, the total number of employees employed by all member companies of the wholly-owned group must be included.

July 1, 2018

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What happens on this date?

Single Touch Payroll will be mandatory for all employers that have 20 or more employees.

July 1, 2019

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Hour(s)

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What happens on this date?

Single Touch Payroll will be mandatory for all employers.

Need help staying ATO compliant?

If you have any questions regarding Single Touch Payroll and staying compliant, feel free to contact us on 1300 553 228 or email payroll@axsys.com.au.

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