Have you heard the news? Single touch Payroll is now compulsory for ALL employers
Single Touch Payroll is required for all employers. If you are a business that employs 20 or more people, you should already be using STP reporting –
But for those that employ 19 or fewer people, you will now be required by the ATO to start reporting from the 1 July 2019.
bennetts tax & bas service has a solution that will work for you AND fit within your budget!
We can offer a simple payroll solution that complies with ATO requirements from $10 per month (1-4 employees) and you can continue with your current accounting processes. This will allow you the business owner to process the payroll as required. Again, training is offered or bennetts can process the pay cycle on your behalf.
Or depending on your accounting requirements, we can set you up with a whole accounting solution that is cloud based, has bank feeds and will comply with ATO STP requirements (1-4 employees) for as little as $30 per month. We will also provide training if required
In either case, bennetts tax & bas service will also be available to conduct the payroll process for each pay cycle if that’s a service you need.
Considerations – is it time for you to have a whole of system upgrade? Move on from un- supported software or excel spreadsheet, bank statement lines or a shoebox?
Are you happy to use a stand alone payroll processing product that will comply with STP?
Do you want to learn how to process the payroll on this new solution Or do I prefer bennetts tax & bas service to assist me each pay cycle?
We can tailor a package to suit you and your business needs & budget
Don’t delay – June seems so far away – but we all know how fast the deadline will creep up on us all.
Call or email Diane if you wish to discuss the option that will suit you best and to answer any questions regarding the STP processes.