If you're hiring extra workers for the busy holiday season, it's important to get a few things straight first so you're not left with any costly surprises in the New Year.
The ATO is changing the way employers report tax and super information to them. You may need to use Single Touch Payroll from 1 July 2018.
You'll now be able to report this information directly to the ATO from your payroll solution.
If you have 20 or more employees, you need to start using Single Touch Payroll-enabled software to report your:
- payments to employees such as salaries and wages
- pay as you go (PAYG) withholding
- super information.
You’ll need to send this information to the ATO at the same time as you pay your employees.
What you need to do
Do a headcount of the number of employees you have on 1 April 2018 to work out if you need to report to us using Single Touch Payroll from 1 July 2018.
You can find out more about how to get ready for Single Touch Payroll and which employees you need to include by contacting Karen Barnett to help you through this process.