STP is new way of reporting tax and super information to the ATO. Businesses with 20 or more employees already report this way but, on 1 July 2019, it was expanded to include employers with 19 or fewer employees. The information is sent to the ATO either directly from your payroll software, or via a third party provider.
Earlier, it was confirmed by the Australian Taxation Office (ATO) that from 1 July 2021, all small employers will have to register for Single Touch Payroll (STP). This published document consists of all the critical information related to single touch payroll for employees.
In this blog, we have clubbed together all the necessary guidelines related to ATO single touch payroll reporting including exemption details, benefits, reporting options, software solutions, and more.
Understanding the true cost of payroll is essential to keeping your wages under control. Poorly calculated pay rates, unseen payroll “on-costs” and inefficient payroll processes all contribute to an overall payroll overspend (impacting your bottom line).
Our calculator help you understand the "true cost" of all the other costs you need to spend money on when taking on an extra employee.
Terminating employees can be the hardest thing a manager or HR officer has to do.
A termination letter notifies an employee that he or she is no longer required, explains the reasons, the next steps in the process and sometimes stipulates the payout balances such as annual leave and redundancy, if applicable.
ClockOn is rostering, attendance, and payroll software all in one. It’s the smart way to manage your employees’ shift patterns, timesheets, and payroll.
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