Single Touch Payroll on the way

Single Touch Payroll on the way

From 1 July 2017, ‘Single Touch Payroll’ will be available for a small number of employers to help streamline tax and superannuation affairs.

Single Touch Payroll is a government initiative which allows employers to report salary or wages, PAYG withholding and super information directly to the ATO at the same time as they pay their employees.

Software developers and digital service providers will deliver a Single Touch Payroll solution which suits an employer’s payroll needs. For most employers, Single Touch Payroll will become a part of their existing payroll management system.

Single Touch Payroll will be a requirement for employers with 20 or more employees from 1 July 2018.


If you believe the matters discussed above are relevant to your business, please contact Darren Smith of our office to discuss further.

Darren is a Chartered Accountant with extensive experience, including working in the big 4 and medium sized firms before becoming a partner of a city based firm in 2000.

He has gained much experience and has extensive knowledge in providing business and taxation advice, superannuation planning, negotiation of sales and acquisitions of businesses and property development. His client base covers a wide range of industry groups.

Darren works with business owners to grow their businesses and create personal wealth within and outside of their business.

+ There are no comments

Add yours