Home About Us Membership Information Events Awards Media Education Representation Partnership Contact Us

Employers reminded to count employees and get ready for Single Touch Payroll

Written on the 29 March 2018 by Australian Taxation Office

The ATO is reminding employers with 20 or more employees to get ready for the start of Single Touch Payroll (STP) on 1 July 2018. The next step for employers is to count the employees who are on their payroll as of 1 April to determine if they need to report through STP this year.

Assistant Commissioner, John Shepherd, said if you have close to 20, you will need to do a headcount of your employees. There is guidance on the ATO website to help including who you should and shouldn't include in the count.

"While the headcount date is 1 April, we don't expect you to interrupt your long weekend plans. Do the headcount at a time that's convenient for you as long as you count those employees who were on your payroll on 1 April. If it totals 20 or more, you'll need to get ready to report through STP from 1 July."

Mr Shepherd also stressed that employers don't have to report the headcount information to the ATO.

"The headcount is for you to determine whether you need to start reporting this year or not. We don't need you to send us that information, but you should keep a copy for your own records.

"The ATO is ready for the start of STP. We strongly recommend you check in with your payroll software provider if you haven't already. They can advise you of the steps you should take to update your software if you need to, and start STP reporting."

Single Touch Payroll is a reporting change that will allow employers to report tax and super information to the ATO from their own payroll software.

Employers can visit www.ato.gov.au/stp for detailed information about STP, including a fact sheet, checklist and how to do the headcount.


Author: Australian Taxation Office

Latest News

The Franchise Council of Australia (FCA) has recognised franchising's best in South Australia at the 2019 SA Excellence in Franchising Award...
Franchising has been the common thread that has helped the high achieving small business owners recognised by the Franchise Council of Australia...
A belief in paving the way in business and focusing on creating a successful path for staff to achieve personal success is a shared theme among ...

Upcoming Events

WA: Fundamentals of Franchising

Start Time: 9:30am
Date: Thursday 24th October 2019

VIC: Operations Manuals – Are You Leaving Yourself Exposed?

Start Time: 8:30am
Date: Tuesday 29th October 2019

About

About the FCA Board of Directors Hall of Fame Hall of Fame Eligibility Criteria

 

Services

Promote your business Have a complaint?

Join

About Membership Member Benefits How to Join FCA Member Standards

 

Partnerships

Advertise your business Sponsorship & Exhibition Testimonials Become an FCA Partner

Learn

FCA Representation Franchising Code of Conduct FCA International

 

Media and Communication

Franchise Review FCA Media ReleasesFranchising in the Media

Franchise Council of Australia

Postal Address

Level 19, 567 Collins Street

Melbourne VIC 3000

Phone: 1300 669 030

Fax: +61 3 9508 0899

 

Website Proudly Developed by:

www.bloomtools.com

 

Women in FranchisingFranchise AcademyFranchise Council of Australia