Single Touch Payroll update

A limited release of Single Touch Payroll began for a small number of digital service providers and their clients on 1 July 2017, with Single Touch Payroll operating with limited functionality for a select number of employers.

The ATO also added a menu option ‘manage Employees’ to the portals in June 2017, in readiness for the broader release of Single Touch Payroll later in

the year, which is where practitioners will be able to see a client’s Single Touch Payroll reported data.

The following timelines sets out what is happening and when practitioners can expect to see more.

September 2017 – The ATO will write to employers with 20 or more employees to inform them of their reporting obligations under Single Touch Payroll

October 2017– Practitioners will start to see an increase in the release of Single Touch Payroll solutions by digital service providers to employers.

1 April 2018– Employers will need to do a headcount of the number of employees they have, to determine if they need to report through Single Touch Payroll.

From 1 July 2018- Single Touch Payroll reporting will be mandatory for employers with 20 or more employers.

The ATO will keep practitioners up to date with what Single Touch Payroll means for them and their practices in the Tax professionals news room and Tax Professionals newsletter.

No comments yet.

Leave a Reply