Single Touch Payroll basically just sends tax and super info directly to the government every time employees get paid. It's honestly a lifesaver for businesses because it cuts out a massive amount of end-of-year paperwork.
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J
1 month agoSingle Touch Payroll is designed to ease payroll reporting, enhance tax compliance and ensure accurate payroll reporting to the ATO. It makes it easier for employees to access accurate and current payroll and superannuation information and less difficult for employers to administer.
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J
1 month agoThe purpose of Single Touch Payroll (STP) is to simplify payroll reporting by sending employee salary, tax, and superannuation information to the Australian Taxation Office each payday electronically.
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C
4 weeks agoThe purpose of Single Touch Payroll (STP) is to simplify payroll reporting by automatically sending employee salary, tax, and superannuation information to the Australian Taxation Office each payday, improving accuracy and compliance.
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