Single Touch Payroll (STP) legislation to include all employers passes Parliament today.
Updated: Jul 2, 2019
The extension of Single Touch Payroll (STP) to employers with 19 or fewer employees has finally passed both houses today after amendments were tabled in late last year.
The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 secured passage today (12/02/2019) after it was referred back to the House of Representatives last December due to proposed amendments to other measures contained in the same bill.
What this means is that all employers with 19 or fewer employees will have to report using STP from 1 July 2019. Businesses with 20 or more employees have already been reporting since 1 July 2018.
The ATO have published a list of available STP solutions. The Single Touch Payroll (STP) Product Register contains over 200 products and is designed to help you choose a product that is right for you and your business.
If you are a micro employer, there is a range of no-cost and low-cost Single Touch Payroll (STP) solutions available now in addition to existing commercial STP solutions. Find a product suitable for your needs by checking the STP No-cost and low-cost register.