Single Touch Payroll from COINS is coming
Single Touch Payroll (STP), an initiative of the Australian Taxation Office (ATO), will allow businesses to report salary, wages and superannuation to the ATO at the same time the payment is made to their employees.
Here at COINS we are well on our way to delivering STP as part of the COINS Payroll Module. We are currently in the design phase and will deliver STP in a future update prior to 1 July 2018.
The ATO are currently testing the STP system to ensure the benefits of real time reporting are achieved. Employers with more than 20 employees will be required to use STP enabled software from 1 July 2018.
For more about Single Touch Payroll from the ATO click here .
To keep-up-to-date on software updates and new features, like Single Touch Payroll, follow COINS Australia on Twitter , LinkedIn , Facebook or subscribe here .
If you require more information or assistance with COINS Payroll please contact the COINS Australia office by email or on (07) 3147 8240.
SHARE