What exactly is Single Touch Payroll?
Single Touch Payroll, also called STP or one touch payroll, is an initiative from the ATO to encourage frequent salary reporting. This means you’ll be required to report salaries and wages, PAYG withholdings, and superannuation, every time you pay your employees.
From 1 July 2018, STP became mandatory for employers with 20 or more employees. From 1 July 2019, all Australian small business owners are required to report their payroll information.Learn more
What does that mean for you?
For some businesses, the only change you’ll need to make is reporting more frequently instead of once at the end of a financial year. If you currently use payroll or accounting software that offers Single Touch Payroll, you can start reporting any time.Learn more
Single Touch Payroll for the smallest employers
We’re delighted to announce two standalone solutions that will ensure the 400,000 micro-employers (those with up to four employees) about to fall under the new STP rules remain compliant:
A new Payroll-only product for as many as four employees, with an expected price of about $10 a month.
The option for Xero partners to add Payroll to a ledger or GST cashbook subscription covering up to four employees (price to be determined).
Both options will feature the full Payroll offering the ability to process, pay and report information for up to four employees.
Preparing for a better-connected future.
Digital connectivity is on its way. And Single Touch Payroll gives you a chance to report with confidence and security, tomorrow and beyond. With Payroll from Xero, you’ll always be up to date, no matter what.
Get your practice ready for Single Touch Payroll
Download the Xero partner playbook and get your team and clients up to speed.Download playbook
Move your clients to Single Touch Payroll
Register for our Single Touch Payroll live webinar and start planning your STP migration.Register for webinar
Meet ATO requirements in just a few clicks.
Learn more about how Single Touch Payroll is a piece of cake with XeroRead more
All done. Before the kettle’s boiled.
Ready to switch to Single Touch Payroll? Take a seat, kick up your feet, and before your cuppa’s brewed, you’ll be all sorted.
Get started in three easy steps.
Head to your Pay Runs screen under Payroll in Xero
Check your details, then securely connect to ATO
Complete your pay run as normal, then click File