Single Touch Payroll (STP) is here. All Australian employers must regularly submit payroll information through STP unless an exemption or deferral has been granted.
Whichever stage of the STP journey you’re on, you’ll find information and answers from Sybiz.
To meet the requirements of Single Touch Payroll you will need to Sign up for the Sybiz Employer Portal and upgrade to the latest version of Sybiz Visipay.
Equip your business with an intuitive STP solution
Reporting STP with Sybiz Visipay
Getting started with STP is easy!
If you’re not reporting yet, follow our STP Preparation Checklist to get your staff ready.
Next, check you are on the latest version of Sybiz Visipay. As Single Touch Payroll processes are refined by the ATO, businesses will need to ensure they are up to date as well.
Finally, sign up for the Sybiz Employer Portal. This is an important step which connects your business to the ATO in order to report Single Touch Payroll information.
Now you’re ready to report Single Touch Payroll with Sybiz Visipay!
How will you be impacted?
Transitioning to Single Touch Payroll can impact more than just your regular payroll duties. For example:
- How will Single Touch Payroll affect your current reporting procedures?
- How will STP change your employee onboarding process?
- What penalties can occur from not meeting Single Touch Payroll compliance?
- Is your payroll data STP ready?
- Are your employees aware of the impact, such as no more payment summaries?
Our Single Touch Payroll FAQs are a great place to start understanding how Australian businesses are affected by Single Touch Payroll.
Not using Sybiz Visipay?
Sybiz Visipay is a powerful, scalable payroll solution that is already helping thousands of Australians navigate the challenges of Single Touch Payroll. Integrated with the Sybiz Employer Portal, users can view, manage and edit their STP reports to ensure success every pay run.
Sybiz Visipay even takes the confusion out of finalising employees at the end of financial year with streamlined processes aimed at getting tax information into employee hands as soon as possible.
Not using Sybiz Visipay? Speak to our knowledgeable team today.