Single Touch Payroll Australia

Access Attaché Payroll software includes compliant and seamless Single Touch Payroll (STP) reporting to the Australian Taxation Office.

 

 

 

 

Compliant, accurate and easy to use Single Touch Payroll software for Australia

Compliant and seamless STP reporting

 
  • STP-compliant – The ATO has certified Access Attaché Payroll’s Single Touch Payroll solution
  • Lodging is a simple extension to your normal pay processing
  • Validation, by-employee reporting and fully integrated with the payroll software

What is Single Touch Payroll?

Single Touch Payroll (STP) is the way Australian businesses report employee payroll and superannuation information to the Australian Taxation Office (ATO). Salary and wages, pay as you go (PAYG) withholding and superannuation data is sent electronically from your payroll software directly to the ATO at the same time as you pay your employees. All Australian businesses have been required to report via STP since 1 July 2019.

How are employees affected by STP?

With Single Touch Payroll (STP) employees can view their year-to-date pay details at any time using their own myGov account, giving them more assurance that their employer is meeting their tax and super obligations. Employees no longer receive (or need) end-of-financial-year payment summaries, but note that Fair Work Australia regulations require you to issue pay advices to employees within one working day of pay day.

How does STP work with Access Attaché Payroll software?

Single Touch Payroll (STP) lodgements are simply an extension of your normal pay run. Instead of accumulating payroll data for annual reporting, that same data is instead sent incrementally to the ATO after each pay run either on or before the Date Paid.

Attaché’s STP solution connects your payroll data to your Attaché Online account. You use Attaché Online to submit STP lodgements to the ATO. When you process a pay run, the STP data is uploaded to your online organisation and validated to ensure it meets ATO requirements. When you are ready to lodge, you – or your authorised agent – log into your organisation and submit the batch to the ATO.

Under STP, how do your report at the end of financial year?

STP reports are now the ATO’s record of wages, withholding tax and superannuation contributions. Therefore, you no longer need to submit annual totals to the ATO or issue payment summaries to employees. Instead, at the end of financial year, you simply need to indicate to the ATO when you have completed payroll for the financial year. This indicator is known as finalisation.

Finalisation is also the indicator of an employee’s final pay when they cease employment with your organisation.

To enquire about any of the Access business software solutions, contact us.