STP: Pay your staff and report to the ATO
Single Touch Payroll (STP) makes it simple to keep your business secure and compliant. We work with the ATO so no matter what business you have, things stay easy.
Be confident with one click compliance
No more EOFY summaries or certificates
Powerful PAYG and Super reporting
Access COVID-19 JobKeeper payments
You'll be STP ready with MYOB
All of MYOB’s payroll software is compliant from day one. With Single Touch Payroll (STP), you can be sure you'll always stay in the ATO's good books.
This includes automated features so paying staff, sorting your Super and reporting payroll become simple and secure processes that you don't need to worry about.
How to manage COVID-19 JobKeeper payments with MYOB Essentials Payroll
Businesses impacted by COVID-19 can record employee JobKeeper payments with MYOB Essentials payroll software.
You can easily manage employee JobKeeper payments, notify the ATO and help prepare monthly ATO declarations – all in your software.
Choose your STP-enabled MYOB software today
Give your business peace of mind with STP software
Accounting + Payroll
50% off for 3 months
Ideal for small businesses with employees
- Single Touch Payroll
- Pay unlimited employees
- Track GST and e-lodge BAS
- Send unlimited quotes and invoices
- Track and pay expenses and bills
- Link your bank account for automatic bank feeds
- Insights and advanced reporting
- Track jobs: link income and expenses to a job or location
Key features to help your business
Stay on the ATO's good side
Every time you pay your employees, your needs are met. Single Touch Payroll (STP), tax obligations and super payments are incorporated and automated so they're taken care of before you worry about them.
Process payroll for your staff electronically so second-guessing is a thing of the past. Store and share timesheets, manage your PAYG and automatically calculate leave entitlements.
Not everything is left up to you. Now your employees can enter their own hours and access their payslips via MYOB YourPay.
To keep everything focused, you can run detailed reports on past pay runs, your history of PAYG summaries, year-to-date activity and more!
MYOB Single Touch Payroll explained in 60 seconds
Frequently asked questions
STP is a government initiative that requires all employers to report payroll information to the Australian Taxation Office (ATO). It involves electronically reporting your employees’ payroll information to the ATO each payroll cycle, whether you pay weekly, fortnightly or monthly. STP is mandatory from 1 July 2019, and all Australian businesses must comply by 30 September 2019.
Single Touch Payroll (STP) uses internet cloud accounting software to submit information to the tax office online. Employers can automate and streamline their processes and keep their accounting data accurate and up-to-date. Having better and timely information at their disposal enables them to make better-informed business decisions as well as sharing essential payroll information with the ATO more easily.
- One-click compliance
- No more EOFY summaries
- Error-free payroll
- Employee access to payslips
Single Touch Payroll (STP) means businesses don’t need to complete payment summaries and group certificates at the end of financial year. STP software automatically sends your employees’ tax and superannuation information to the ATO.
STP helps employees, too. They no longer have to wait until EOFY to see their tax information. Their details - salary, PAYG withholding and super— is readily available via their myGov account.
On top of that, STP enables eligible businesses impacted by COVID-19 to access a temporary JobKeeper payment in order to carry on paying their employees.
Yes, if you have employees Single Touch Payroll (STP) applies to your small business. In fact, all Australian businesses with a payroll function must use STP. From 1 July 2019, STP became mandatory for organisations of all sizes, even those with fewer than four employees. You must comply no later than 30 September 2019.
Single Touch Payroll (STP) will impact more than 100,000 employers and about 13 million employees. If you’re an accountant, it isn’t just a big change in reporting – it could change the conversation between you and your clients.
You may find your clients take greater ownership of their accounting data, knowing that it is being transmitted to the ATO each pay run. This could mean they no longer rely on you to fix their errors at the end of the year, leaving you with more time for planning. Which is something your clients are happy to pay for you to do, too!