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Do you need to report through Single Touch Payroll?

This information will help you determine if you need to report through Single Touch Payroll from 1 July 2018.

If you find any of this information confusing, or you would simply like to speak with an experienced and knowledgeable accountant regarding Single Touch Payroll – please get in touch with the team at Fortis Accounting Partners.

You can reach us on 02 9267 0108, or via info@exemplary-financial.flywheelsites.com.

Single Touch Payroll

Watch the Australian Taxation Office’s About Single Touch Payroll Video HERE.

Question 1: Do you have 20 or more employees on 1 April 2018?

Response Action required
Yes You will be required to report through Single Touch Payroll from 1 July 2018.

 

Go to Question 2.
No Single Touch Payroll is mandatory for employers with 20 or more employees from 1 July 2018.

 

Employers with 19 or less employees will be required to report through Single Touch Payroll from 1 July 2019, subject to the passage of legislation.
Unsure You will need to do a headcount of the employees you have on your payroll on 1 April 2018.

 

Employers with 20 or more employees on that date will need to report through Single Touch Payroll from 1 July 2018.

 

Go to: How to count your employees

Question 2: How do you currently report payments made to employees and pay as you go (PAYG) withholding amounts to the ATO?

Response Action required
I use a payroll solution Is your software Single Touch Payroll-enabled?

 

  • If yes, you are ready for Single Touch Payroll reporting.
  • Unsure? Check which payroll software and service providers offer Single Touch Payroll-enabled products on the ABSIA product catalogue
  • If no, you may need to update your payroll software. Your provider can let you know when your payroll solution is ready for Single Touch Payroll.
  • Or, you may decide to use a third party, such as a payroll provider, to support you to meet your reporting obligations.

 
I use an accountant, bookkeeper or third party to report on my behalf Talk to your accountant, bookkeeper or third party to make sure they will be reporting through Single Touch Payroll on your behalf.
I report manually (for example, on paper) If you report manually, you are not yet ready for Single Touch Payroll.

 

From 1 July 2018, you need to report payments such as salaries and wages, PAYG withholding and superannuation information through a payroll solution that is Single Touch Payroll-enabled.

 

Or, you can ask your accountant, bookkeeper or a payroll provider to support you to meet these reporting obligations.

 

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Reshika Kumar

Administration Officer

With her kind, caring and approachable nature, Reshika never fails to provide a positive, welcoming experience for our clients, assisting them as they walk in our door or call our office. She understands the power of customer service and is always willing to lend a hand.

With her fun and relaxed personality, Reshika is incredibly creative, especially when it comes to finding solutions for evolving challenges, from financial matters to marketing requirements and beyond. Holding a Masters of Business Administration with a major in Marketing and significant experience in the banking industry, Reshika has a unique combination of skills which makes her a real asset to Fortis.

Reshika is motivated to reach new heights, take risks and develop her career by working alongside Bernadette, our Client Administration Manager, and having the opportunity to learn new things such as new platforms and procedures.

Reshika is passionate about fitness and does not miss an opportunity to take advantage of the gym. Despite Reshika’s relaxed personality it all goes out the door when card or board games are involved!