One touch Payroll – What you need to know?

Overview On 31 August 2016, the Budget Savings Bill 2016 was introduced to Parliament. Single touch payroll reporting was proposed in this bill. Single Touch Payroll (STP) aim is to align employer reporting of Pay As You Go (PAYG), withholding (PAYGW) and superannuation contributions to an employer’s payroll processes. This document also provides guidance on consequential amendments to other taxation laws. These amendments will enable [...]

2017-10-11T02:37:51+00:00 October 11th, 2017|Categories: Tax|Tags: |0 Comments