From 1 July 2018, all 'substantial employers' in
Australia are required to use the Single Touch Payroll system for
reporting tax and superannuation.
The Australian government is implementing Single Touch Payroll Reporting (STPR) from 1
July 2017, and it becomes mandatory for all employers with 20 or
more employees on 1 July 2018. These employers are
considered 'substantial employers'.
The intent
STPR was introduced as part of the government's Budget
Savings (Omnibus) Bill 2016, bringing changes to
employers' reporting obligations to provide more streamlined
and simplified reporting of employee salary, pay-as-you-go (PAYG)
and superannuation payments. Under the new system, the Australian
Taxation Office (ATO) will receive real time reporting information
at the same time employers are paying their employees; instead of
the monthly or quarterly reporting at entity level that is
currently in place.
