From 1 July 2019, every time you pay your employees you'll need to report the following through STP;

  • Wages & salaries
  • PAYG withholding
  • Superannuation expense

STP will be available through the latest versions of MYOB and Xero.  If you are not using either of these accounting software, you can use a third party provider for reporting. 

 

Employers with closely held payees:

A closely held payee means the payee is directly related to the entity from which they receive payments, for example:

  • family members of a family-owned business
  • directors or shareholders of a company
  • trustees or beneficiaries of a trust. 

Employers may not always pay closely held payees a regular salary or wage. Instead, they may draw on income from the business throughout the year. As STP information is reported each time payroll is run, employers will not be able to report their closely held payees this way.

If you are an employer with closely held payees, there are flexible reporting options available to you.


Small Employers (Micro) 1-4 employees:

ATO has approached software companies to develop no or low cost solutions if you are not using an accounting package enabled with STP reporting.  Please see the link below for access to these solutions:

https://www.ato.gov.au/business/single-touch-payroll/in-detail/low-cost-single-touch-payroll-solutions/?=redirected_STPsolutions

You will also have the option to report STP through your Quarterly BAS if you lodge through us, rather than each time you run payroll.  This option will be available until 30 June 2021.

 

Employers with 5-19 employees (small employers):

STP can be reported either through your payroll software, or the above link of third party providers.  Your business must be reporting through a STP option by 30 September 2019.

 

Employers with 20 or more employees:

The category of employer should already be reporting, or have a deferral in place.