If you haven’t already heard, the way you will report an employee’s tax and super information to the Australian Tax Office (ATO) is changing. This online reporting change is called Single Touch Payroll (STP). Employers with 20 or more employees are now classified as ‘substantial employers’ and they will have mandatory STP reporting of payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation information from 1 July 2018. To find out if you are a …
