Single Touch Payroll (STP) – How much do you know about it?
Single Touch Payroll (STP) currently provides a reporting framework for larger employers with 20 or more employees to deliver payroll and superannuation information to the ATO since 1 July 2018. This means an employer paying fortnight wages will report gross wages, tax withheld and superannuation contributions to the ATO every fortnight when the employee is …
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