What is Single Touch Payroll, who needs to adopt it, and why is it being introduced? Great question! Single Touch Payroll or STP is already in place for employers with 20 or more employees and is being phased in from the 1st of July 2019 for employers that employ below 20 employees. By phased in, I mean that employers with 19 or less employees can introduce STP from the 1st of July to the 30th of September 2019. What is STP? Single Touch Payroll is a new way of reporting payroll information to the ATO, which includes your employees salary and wage information, PAYG tax and superannuation
