---
title: are you ready for single touch payroll? - yield advisory
description: Single Touch Payroll (STP) has been introduced as a way of streamlining payroll reporting to the Australian Taxation Office (ATO). Learn more.
image: https://blog.yieldadvisory.com.au/hubfs/Imported_Blog_Media/christin-hume-505823-unsplash-1.jpg
---
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# are you ready for single touch payroll?
## 18 Apr are you ready for single touch payroll?
Posted at Apr 18, 2019 10:03:41 PM in articles by yield advisory
Single Touch Payroll (STP) has been introduced as a way of streamlining payroll reporting to the Australian Taxation Office (ATO).
Starting from 1 July 2019 all businesses will be required to report payments such as salaries, wages, pay as you go (PAYG) withholding and super information to the ATO when employees are paid.
###### What does this mean for you?
- You will be required to send your employee’s payroll and super information to the ATO every payday through your online payroll system.
- Check that your payroll system software offers the “STP-enabled” option.
- Your payroll cycle will not change.
- Your payment due date for PAYG withholding and super contributions will not change.
- You will no longer be required to supply a payment summary at the end of the financial year. This information will be available to employees through myGov.
###### When do you need to start reporting?
Single Touch Payroll reporting will be mandatory from 1 July 2019 for all businesses. To do this, you will need to enable STP reporting on your online payroll software. The ATO has granted a transition period based on the number of employees you have.
If you are unsure about your reporting requirements, please [contact our office for help.](https://yieldadvisory.com.au/contact/)
### [Xero Users: download your “Set Up Single Touch Payroll” PDF here.](https://yieldadvisory.com.au/wp-content/uploads/2019_Set-Up-Single-Touch-Payroll_yield.pdf)
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