09 May ATO requirements for Single Touch Payroll
The move to Single Touch Payroll will set a new standard for payroll reporting. The new requirements will significantly change how all businesses report to and engage with the ATO.
From 1 July 2018, the ATO started real time reporting for businesses that employed 20 or more employees.
Now, 1 July 2019, this requirement will increase to all employees regardless of the number of employees you have.
For further information on the requirements from the ATO website- check out – https://www.ato.gov.au/Business/Single-Touch-Payroll/