The buzzword of the payroll officers at businesses with more than 20 employees is single touch payroll, a.k.a. STP. But what is it? And how do you enable it in your software? We break up the questions in a simple and easy-to-understand article, and if you need more help, we are available to take your calls and email queries. 1.   What is single touch payroll, or STP?  Single Touch Payroll (STP) is an ATO initiative to streamline payroll reporting. You’ll be able to report payroll and super information directly to the ATO when you process a pay run in MYOB Essentials or AccountRight Live (ARL). Because of this change, you may no longer need to complete payment summaries at the end of the financial year, as your employees’ payroll information will be available through myGov. 2.   Who needs STP? You need to do a headcount of your employees as of 1 April 2018. Did you have 20 or more employees on 1 April 2018? Yes: You’ll need to start reporting payroll and super information using Single Touch Payroll from 1 July 2018. See Set up Single Touch Payroll reporting. No: You don’t need to use STP reporting now; it’s optional. All employers may need to start … Continue reading STP and MYOB software