Single Touch Payroll (STP) is a reporting system introduced by the ATO that requires employers to report employees’ payroll information directly to the ATO each time they pay their staff. This includes details of salaries and wages, PAYG withholding, and superannuation contributions.
STP aims to simplify payroll reporting, reduce errors, and increase transparency. However, managing STP can be challenging, especially for small and medium-sized businesses that lack dedicated payroll expertise. That’s where we step in.