Single Touch Payroll
Get the professionals in your corner.
Single Touch Payroll (STP) is a new way for businesses to report their employees’ tax and superannuation information to the Australian Tax Office (ATO). STP reporting is now mandatory for all businesses. We can help you get set up and ensure that your business is compliant with STP regulations.
Do I Need Single Touch Payroll?
Micro Employers (1-4 Employees)
Micro employers must follow the same regulations as small business owners, meaning that STP is now a mandatory regulation. The QuickBooks software included in your customised solution makes STP easy for micro employers, ask us how we can get you set up.
Small Business Owners (1 - 19 Employees)
STP reporting for businesses with 19 employees or under started from 1 July 2019, and it has been mandatory since 30 September 2019. Our business bookkeeping specialists know the regulations inside out, and can give you advice and assistance on how to handle STP best for your business.
Big Business Owners (19+ Employees)
Businesses with over 19 employees should already be reporting through STP. It has been mandatory since 1 July 2018. Our business bookkeeping specialists will make sure that your business is STP-compliant, and advise the best way to continue to report for your business.
What does STP mean for me?
There are a number of rules and regulations for STP including exemptions and concessions. Our business bookkeeping professionals know all of this back-to-front and can make sure that your business is not only compliant but reporting in the most efficient and cost-effective way. Talk to an ITP Business Specialist today about accessing any applicable exemptions or concessions.
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Book Your FREE Consultation
Book a no-cost, obligation-free consultation with an ITP Qld Business Specialist, and find out how ITP can streamline your bookkeeping and accounts and let you focus on your business.
Book Your FREE
Business Consultation
Book a no-cost, obligation-free consultation with an ITP Qld Business Specialist, and find out how ITP can streamline your bookkeeping and accounts and let you focus on your business.
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Your ITP Qld Business Specialist can come to you, at a place and time that suits you. Prefer to be called or emailed? We can do that too.