Single Touch Payroll
For those biz owners with employees, if you have registered for Single Touch Payroll (STP) already, this is a great document from the ATO to provide to your employees which explains STP, and how the payroll information (including Payment Summaries) will be issued in MyGov.
For those who haven’t registered for STP yet, you need to do so before your first pay event in July 2019, so still worth giving this to your staff anyway to keep them informed.
STP information for employees – DOWNLOAD HERE
If you need a hand setting up Single Touch Payroll, or training on your accounting software, please email our team support@healthybusinessfinances.com.au