For those offering payroll services, rolling out a seamless transition to single touch payroll (STP) means discussing these important points with staff early on.
Single Touch Payroll (STP) is here, but that doesn’t mean everyone in business has a firm understanding of the concept, or its ramifications for their business. In this piece, Amanda Gascoigne covers the key things every advisor should discuss with their clients regarding STP.
With representatives from both Australian and New Zealand tax departments speaking this August at MYOB Partner Connect 2019, we wanted to find out if there are any clear distinctions between the two jurisdictions.
Since Single Touch Payroll reporting became mandatory, it’s been unclear exactly how much wiggle room is available for very small businesses, seasonal operators and closely held payees – until now.
With the Single Touch Payroll deadline for small businesses just around the corner, the ATO has warned many operators remain non-compliant and that could mean a logistical nightmare if left too long.
Single Touch Payroll is one of the biggest changes since GST. As such, it also offers many opportunities for accounting practice owners and their SME business clients alike, writes Amanda Gascoigne.
Amanda Gascoigne explains how to play your Single Touch Payroll cards right when it comes to SME clients with outstanding superannuation guarantee (SG) contributions.
Some payroll vendors received an STP deferral in 2018, but those deferrals expire soon. Now’s your last chance to make sure you and your vendor is up to speed.