Single Touch Payroll – beat the rush!
Time is running out to get STP ready by 1 July 2019. There are advantages to get setup now:
- Less time waiting on hold – most people will need to phone the Tax Office to link their payroll software, and we expect there will be a last minute rush, increasing wait times
- Faster processing of annual employee summaries – if you report before 30 June, your employee payment summaries are prepared automatically when you finalise your STP data for that year
- Extended reporting due date – normally your payment summaries are due by the 14 July, however if you commence STP reporting during 2018/19, you have until 31 July to process your reports
- Sit back and relax – while others are scrambling to get it setup in July along with payment summaries, BAS’s and getting ready for their annual tax, you can sit back and relax knowing you have it under control!
Talk to our friendly team now about for some help on setting up your STP. Contact us on +61 7 3378 7399 or via email at info@gillmckerrow.com.au
