Let us help you navigate the new changes introduced to MYOB payroll reporting.
The next step in streamlining your payroll reporting processes, Single Touch Payroll (STP) has already changed the way hundreds of businesses in Melbourne report their employees’ payroll information to the Australian Taxation Office. As of 1 July 2018, all employers with 20 or more employees must report payments, including super information, pay as you go (PAYG), salaries, and wages, when they provide payment to employees using STP. As of 1 July 2019, all employers with 19 or fewer employees will also need to switch to this reporting method.
With STP, you can report financial information using your existing payroll software as long as you have the proper updates needed to make the switch. Many payroll software providers have already updated or are in the process of updating their software to meet these new requirements.
At SouthEast IT, we have worked with companies of all sizes to help them meet their STP compliance needs. If your operation uses MYOB software for payroll purposes, we offer specific Single Touch Payroll MYOB support and even have two dedicated MYOB Certified Consultants on staff.
The purpose of our Single Touch Payroll MYOB support is to help you implement these new updates with your software, so you remain in compliance and avoid penalties following this initial transition year. In addition to setup, we are also your source for updates and further information to make this transition and ongoing functionality a seamless experience.
Contact us at SouthEast IT today for additional information about our Single Touch Payroll MYOB support solutions – we’re here to help!