With the introduction of the compulsory Single Touch Payroll (STP) for employers with 20 or less employees from the 1st of July 2019 (already in place for employers with 20 or more employees), it will be necessary to upgrade your payroll software. The new payroll software will be required in order to transfer reports electronically to the ATO after each payrun.
If you are an employer with 1 to 4 employees and are looking for a cheap or free STP payroll software solution, there are a number of packages available. The big players such as Quickbooks, MYOB, Reckon and Xero are all developing cheap STP compliant payroll solutions for around $10 or less. There are also a number of software provider stepping in with cheap or free single touch payroll software solutions, including:
Accxite Pty Ltd
Cashflow Manager
CloudPayroll Pty Ltd
ePayroll
Free Accounting Software
Single Touch Pty Ltd
These different STP payroll software packages can be reviewed at the suppliers websites and check out reviews that are being posted online to get up to date information about suitability and users experiences.