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Single Touch Payroll - What you need to know

Single Touch Payroll - What you need to know

Single Touch Payroll changes the way that employers report tax and superannuation information to the Australian Tax Office (ATO). At this stage only businesses that employ 20 people or more are required to report to the ATO via Single Touch Payroll. If your business has 19 employees or less you need to be getting ready as legislation is currently being drafted to make it mandatory for you too. What is Single Touch Payroll (STP)? Rather than reporting your Payroll information annual...

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