single touch payroll

Single Touch Payroll Phase 2 starts on April 1st, 2023

Single Touch Payroll is the next step in streamlining your payroll reporting. It will change the way you report your employees’ payroll information to the ATO. It starts from 1 July 2018 for employers with 20 or more employees. Single Touch Payroll will be expanded to include employers with 19 or less employees from 1 July 2019. This is subject to legislation being passed in parliament.

What does it mean?

■ When you start reporting through Single Touch Payroll you will send your employees’ payroll and super information to the ATO from your payroll solution each payday.

■ Your payroll cycle will not change. You can still pay your employees weekly, fortnightly or monthly.

■ Your payment due date for PAYG withholding and super contributions will not change. However, you can choose to pay earlier.

■ You may not need to provide your employees with a payment summary at the end of financial year for certain payments you report through Single Touch Payroll. The ATO will make that information available to employees through myGov.

■ When you report to the ATO through Single Touch Payroll, your employees will be able to view their year‑to‑date tax and super information through myGov.