Single Touch Payroll
Single Touch Payroll is the new way for business owners to report their tax and superannuation information to the Australian Tax Office. Each time employees are paid through a Single Touch Payroll enabled system, their payroll information such as salaries and wages, pay as you go withholding and super are sent directly to the ATO.
Do you own a business? Do you pay employees?
If you do then you are now required to use a Single Touch Payroll System.
How is Single Touch Payroll helping your business?
Business owners no longer need to produce annual employee payment summaries (formerly known as Group Certificates) or an annual payment summary report for the Australian Taxation Office.
Consequently, this means all payroll must now be reported online and any business owner who uses a spreadsheet or pen and paper must have that information converted into a compliant digital report and submitted to the ATO each pay period.
The team at Scott & Co Accountants are equipped with the knowledge and software to help you with all of your Single Touch Payroll needs. Whether it be answering your questions, or preparing your payroll and lodging the information on your behalf, we are here to help.
Call us now on 8882 9188 to let us help you with everything Single Touch Payroll!