Single Touch Payroll is designed to assist employees gain greater access to their payroll information and provide data-matching within the ATO and Services Australia. Read on to make sure you’re across it as an employer or employee.
Single Touch Payroll Phase 2
Single Touch Payroll (STP)
STP is designed to make more info available on myGov for employees so they can check their payroll data throughout the year and automatically for their tax all while allowing the ATO to keep a closer eye on employers to ensure PAYGW and Super are being reported and paid on time for employees. Here's a user-friendly video that explains.