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Daily Archives: May 2, 2019

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effects of single touch payroll

How does Single Touch Payroll Affect Me?

Australian Tax Office, Tax Returns, TaxationBy Stellar AccountsMay 2, 2019

How it Impacts the Employer’s Payroll Process Single Touch Payroll will entirely change how all businesses report their activity to the Australian Tax Office. With Single Touch Payroll, businesses will report their payroll activity digitally after every payday instead of once every year. Previously with the former payroll reporting method, employers would send a payment…

single touch payroll what is it

Single Touch Payroll: What Is It?

Australian Tax Office, Tax Returns, TaxationBy Stellar AccountsMay 2, 2019

As an employer, your business is responsible for taking proper measures to report tax information to the ATO. This includes your payroll information, as well as employee earnings and super information. Single Touch Payroll provides distinct advantages and new processes. So it’s vital to ensure your business follows an established system. Keep in mind that…

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