Single Touch Payroll (STP) changes the way businesses report their employees’ tax and superannuation information to the Australian Taxation Office (ATO). It is important that your employees understand the impact of these changes.
Our Single Touch Payroll: Employee fact sheet explains what STP means to employees and how to get started with their myGov account. While a myGov account is not mandatory for STP, employees need to register with myGov and link their account to the ATO to receive the greatest benefit. For example, employees will be able to view their year-to-date salary, PAYG withholding and superannuation entitlements at any time by signing in to myGov.
Our complimentary employee fact sheet is designed to be shared directly with your employees. It provides everything they need to know about STP and is ready to download now.
Want to know more? Speak to one of our payroll specialists or call us on 1300 288 224.
Mike Rich | Attaché Software
P.S. Your major customers and suppliers are also impacted by STP. They may be interested in this fact sheet to share with their employees.