Single Touch Payroll or STP, will become mandatory for all employers from 1 July 2019 and The Bookkeeper Guy can smoothly introduce it to your business. At present it only applies to large employers with 20 or more staff. Preparing for it now will ensure a smooth transition for your employees and your payroll process. The ATO published some helpful fact sheets in preparation for the introduction to larger employers and these are equally relevant to all employers preparing now.
This stp_factsheet is a great introductory guide to what it will mean for your business and what steps you can take to prepare for it. Your staff will be hearing about it soon – STP for Employees outlines what will change for them once STP is introduced.
Simon at The Bookkeeper Guy has successfully introduced STP to large employers and can simplify the transition for your business. For a stress free introduction of Single Touch Payroll get in touch with us – call 08 6111 3124 or email us email@example.com