Single Touch Payroll is ready for everyone
A faster, better way to report payroll. Right now.
What's Single Touch Payroll?
It's the best way to stay on the ATO's good side, that's what. Single Touch Payroll (STP) is a new, simpler way to report your employees’ payroll information to the Australian Taxation Office (ATO) and keep your business compliant.
Single Touch Payroll will be required for all employers by 1st July 2019 - but don't worry, MYOB makes it easy as possibly by automatically reporting to the ATO in your currently payroll software.
With STP, employers no longer need to complete payments summaries and group certificates at the end of the financial year. That's now taken care of every time you pay your employees as their tax and super information is sent to the ATO and available to them through myGov.
Looking for payroll for 1-4 employees?
A faster, better way to do your payroll and stay on the ATO's good side - all for $10 a month.
No matter the product, MYOB has you covered from 1st July 2019.
- Update to the latest version of AccountRight (if you’re using AccounRight Live, please ensure you are using the latest version of Account Right).
- Complete the STP readiness check
- Connect to the ATO
- Process your next pay run to start reporting
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 2019.1 (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).
M-Powered Payment users (on AccountRight Classic v19) who use multi-currency or any other AccountRight Classic feature that prevents them from moving to the latest version have been granted an extension to their Single Touch Payroll (STP) deferral until 30 Sept 2019 using the deferral number 43 164 997. Contact your Partner Manager or MYOB Community Forum if you have any questions.
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.