Single Touch Payroll is here!

Is your Business Ready for STP??

ATO pdf STP employees
MYOB STP
Quickbooks STP
Xero STP
From July 1st, 2019, all employers need to lodge payroll data electronically to the ATO on or before the day of payment to your employees. This electronic lodgement requirement is known as Single Touch Payroll (STP).
If your payroll is completed by Bizwize – read no further! We will send out an authority for us to lodge on your behalf and keep you upto date with your STP requirements.

Single Touch Payroll explained by Quickbooks.

If you do your own payroll you need to get started!

If you currently use payroll software which offers STP reporting, you can update your product and start reporting.

If you have over 20 employees you should already be reporting. If not, contact us today.

Does Single Touch Payroll apply to my business??

YES.  It applies to all Australian businesses!

Step 1:   Are you using Compliant Accounting Software??

If you are currently using MYOB AccountRight Online, MYOB Essentials, Xero, QuickBooks Online or Reckon then you are using STP compliant software.

If not then there are a couple of options for you, so give us a call and we can go through them with you.

Step 2:   Ensure you have a myGovID and for businesses with employees you may need a - Relationship Authorisation Manager (RAM)

NOTE: AUSkey is now retired and no longer in use. To access online services and other external external government links, you will need to use the following:

  • myGovID – this is run by the Australian Government and allows you to prove your identity online. You can use myGovID on your smart device via the app. It should be noted that this is different to your myGov account. 
  • Relationship Authorisation Manager (RAM) - this allows you to act on behalf of a business online when it is linked with your myGovID account. 


Find out how to get started with myGovID and RAM.

Step 3:   Do your employees know about STP?

Once you are registered for Single Touch Payroll you are no longer required to send out payment summaries at the end of the financial year.

Click the button to download a flyer you can give to your employees that explain how they can access their payment summaries from their myGov account.

If you need help with any of the above please don’t hesitate to contact us.

How can Bizwize ensure you are ready for STP?


The first stage is to ensure you are ready for STP. To establish if you have the right information and a plan in place to meet the ATO deadlines.

Bizwize can help review all manual or automated payroll processes and controls, as well as provide advice on software changes that may be needed to ensure you will comply with future STP requirements.

Free Bookkeeping STP Health Check

Here are a few links to get you started with the Single Touch Payroll registration process and setting up your Accounting software for Single Touch Payroll reporting.

How to access myGovID & RAM
ATO PDF for STP
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STP ACCOUNTING SOFTWARE SETUP INSTRUCTIONS:

Below are links to compliant accounting software and their corresponding STP information.

Further Information

* Various other deadlines and conditions apply for micro employers and closely held employees. See ATO website for more info.

** If you do not meet the criteria for the annual declaration then weekly declarations will be necessary

If you are not sure of any of the above single touch payroll information – contact our office on 9300 0090, we would be happy to go through it with you.

Free Coffee & Chat

Contact us today for a free chat about your bookkeeping requirements

What our Clients say!

We are very happy with Bizwize.
We moved our accounts from MYOB to Xero and Michelle eased us through the transition.
She gave

Natalie Grubisa

Michelle and her team are the best bookkeepers ever! Very professional and exceptional attention to detail. Thank you bizwize.

Dr David Plichta
The Reef Dental Centre

We use Bizwize for all our bookkeeping needs. We have been so happy we have referred others to their services.

Scott Thompson

Michelle has gone above and beyond in helping us with the transition from Retail Manager to Lightspeed and then also from Myob to Xero. Having

Chantal

“I thought I could do it all… keep up with paperwork & accounts but that was not the case!! So I called in help from

Joanne
Winton Airconditioning

Around July last year I visited the office of Bizwize to see how they operated as I needed to get my bookkeeping all done for

Sharon E. Brown

Flick Realty has found Bizwize to be very efficient and knowledgeable regarding the account packages and bookkeeping services we require. The staff are friendly and

Mike Wilding

“I can’t recommend the diligent and caring service that the Bizwize team provides highly enough. The work they do to keep my business on the

Bernadette

A group of knowledgeable friendly ladies, willing to answer and help with all areas of bookkeeping. What these ladies don’t know isn’t worth knowing.

Lesley Jennings,
Apple Financial Services

Michelle and the team are great bookkeepers and always helpful.

Peter Zuccala

Five star rating for my friends at Bizwize! Bizwize have been doing my accounts for the past 2 years and I couldn’t be happier. My

Margaret Heaton

I had been looking for a bookkeeper for a little while and then I met Laura and the team, I knew instantly that they would

Matt Seeds

Michelle has been incredible from the outset and has done everything she can in order to comply with us as a company and help us

Kellie Renton
INDEPENDENT ASSAY LABORATORIES

We have found Sarah to be an exceptional operator. Our systems were a mess when we engaged her and she took on the challenge with

Blythe Calnan

Laura at Bizwize came in when we were really struggling after having one bad bookkeeper after another. Laura went over everything that we needed and

Samantha

The team at Bizwize Business Solutions have played a part in supporting our Perth based clients and have gifted many hours of time and expertise

Joy

We have been working with Laura and her team now for some 7 years. We have given the team a few curly tasks whereby the

Vic Letizia

Michelle is incredibly bubbly and energetic! Makes bookkeeping a breeze!

Angad Singh

SINGLE TOUCH PAYROLL ENQUIRY FORM

For more information on Single Touch Payroll, please send us your question. Or if you would like help setting up or integrating STP, send us your details and we will be call you to discuss.