Access your income statement
You will receive either an income statement via myGov or a payment summary from your employer depending on how
Overview
Single Touch Payroll is a reporting change for employers.
It means employers will report payments such as salaries and wages, pay as you go (PAYG) withholding and super information to the ATO. This information will be reported directly from employers payroll solution at the same time they pay their employees.
Employers may need to update their payroll solution to report through Single Touch Payroll.
For employers with 20 or more employees, Single Touch Payroll reporting starts from 1 July 2018.
The Australian Government has announced it will expand Single Touch Payroll to include employers with 19 or less employees from 1 July 2019. This will be subject to legislation being passed in parliament.
What’s happening right now
The ATO will continue to provide information to help employers get ready for Single Touch Payroll.
The ATO are working closely with payroll software providers to help them get ready to offer Single Touch Payroll. Some providers have advised that they’re waiting for final versions of ATO technical documents before they can build updates to their products.
The ATO know some providers will not have their products ready by 1 July 2018. For employers using these providers, the ATO will publish separate deferral guidelines for employers shortly.
If you would like further information regarding Single Touch Payroll, please do not hesitate to contact our office.
