Single Touch Payroll (STP) is the new way to report your payroll.

It's better, easier and ready for you right now.

What is Single Touch Payroll?

Single Touch Payroll (STP) is a new, simpler way to report your employees’ payroll information to the Australian Taxation Office (ATO) using payroll or accounting software that offers STP. It’s an Australian Government initiative.

The change has ensured employers report payments such as salaries and wages, PAYG withholding and super information to the ATO each time they pay their employees. By reporting through STP, employers don’t need to complete payment summaries at the end of the financial year as it will have already been done and available to employees through myGov. 

From 1 July 2018, STP reporting became mandatory for employers with 20 or more employees. From 1 July 2019, small employers with 19 or less employees are also required to adopt STP reporting. Micro employers (1-4 employees) are subject to other concession - find more information on the ATO’s website.

If you’re already subscribed to the MYOB product that include payroll, you can start STP reporting now!

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Report through Single Touch Payroll with MYOB

MYOB has worked directly with the ATO to ensure that you’re ready to go for Single Touch Payroll (STP) reporting

MYOB's easy-to-use solutions have been designed to make your transition as smooth as possible so you can spend less time on admin, and more time in your business.

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What do I need to do?

Business owners need to report payments such as salaries and wages, PAYG withholding and super information to the ATO at the same time you pay your employees using a STP ready solution.

MYOB is STP ready! If you’re already subscribed to the MYOB product that include payroll, you can start STP reporting now. If your business is not yet using an MYOB STP ready product, ask your vendor what steps they are taking to update your product.

Click below to find out what your business needs to do:

For businesses who use MYOB AccountRight or MYOB Essentials and have 20 or more employees:
  1. Complete the STP readiness check in MYOB AccountRight (versions 2018.2 or higher) or MYOB Essentials
  2. Connect to the ATO
  3. Process your next pay run as usual to report through STP

See the need more help section below.

 

For MYOB PayGlobal clients:
  • Contact your account manager to upgrade to a STP enabled product version
     
For MYOB Greentree, MYOB Exo Employer Services or MYOB Advanced People clients: 
  • Contact your partner to organise to upgrade to a STP enabled product version

From 1 July 2019, small employers with 19 or less employees are also required to adopt STP reporting. Micro employers (1-4 employees) are subject to other concession - find more information on the ATO’s website.

If you’re already subscribed to the MYOB product that include payroll, you can start STP reporting now!

For businesses who use MYOB AccountRight or MYOB Essentials 
1. Complete the STP readiness check in MYOB AccountRight (versions 2018.2 or higher) or MYOB Essentials
2. Connect to the ATO
3. Process your next pay run as usual to report through STP

See the need more help section below

You may consider MYOB’s two new payroll products that enable STP reporting for the micro employers. These products will be available to purchase in April 2019. Watch this space!

• A fully-featured, simple payroll-only product for $10/month (limited to 4 employees)
• Connected Ledger plus Payroll $30/month (limited to 4 employees)

MYOB is working directly with the ATO to ensure that you’re ready to be STP compliant. To see the latest update on what alternative options the ATO is offering to the micro employers (1-4 employees) please visit the ATO’s website.

As a Certified Consultant, MYOB Bookkeeper or MYOB Accounting partner you may have clients who will be impacted by the STP changes. MYOB partners are encouraged to familiarise yourself with STP, identify impacted clients, work with your clients on a transition plan and have them start reporting through STP. 

MYOB has several solutions that will help your clients be Single Touch Payroll compliant, including Connected Ledger + Payroll, which will be available in April 2019, pending parliamentary legislation. Contact your Partner Manager directly if you have any questions.

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For MYOB AccountRight customers, updating is simple - all you need is your email address or serial number.

Update your software today

Need a hand?

For MYOB Essentials and MYOB AccountRight customers, MYOB are offering classroom training courses on STP.

Learn more

Need more help?

No matter the product, MYOB has you covered for 1st July.

  1. Update to the latest version of AccountRight (if you're using AccountRight Live, please ensure you are using versions 2018.2 or higher)
  2. Complete the STP readiness check
  3. Connect to the ATO
  4. Process your next pay run to start reporting

Visit the MYOB Community Forum, or our AccountRight or Essentials support pages to find out more information.

MYOB AccountRight Classic users should upgrade to the latest version of AccountRight to be STP compliant. The good news is that clients on the latest version don't need to move online. While STP is supported in AccountRight 2018.2 (or later versions) for both cloud and desktop modes, we recommend taking advantage of the cloud services available in online mode (invoice tracking, smart bills, online payments, bill attachment, multi user and the ability to work from multiple locations).

AccountRight Classic customers who use multi-currency or any other AccountRight Classic feature that prevents them from moving to the latest version will have a deferral in place until 31 May 2019. Contact your Partner Manager or MYOB Community Forum if you have any questions.

Contact support@payglobal.com or speak to your Account Manager directly.

No matter the product, MYOB has you covered. Contact your partner directly for more information if you use any of these products.

MYOB has worked very closely with the ATO to ensure any client who is currently utilising AccountEdge will have a deferral in place until 31 May 2019. Contact your Partner Manager or MYOB Support if you have any questions.