Single Touch Payroll
By now the majority of business’ should reporting tax and superannuation information to the ATO via a single touch payroll (STP) provider.
The payroll information is sent to the ATO after you run your payroll via;
- directly to ATO from your payroll software
- through a third party sending service provider (SSP) which is integrated into your software
- through a third party sending service provider (SSP) service which is outside your software.
Business’ will not need to provide a payment summary annual report for payments reported through STP.