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Changes to Single Touch Payroll reporting from 1 July

05/05/2021

Changes to Single Touch Payroll reporting from 1 July

There are changes to Single Touch Payroll (STP) reporting for small employers with closely held payees and quarterly reporting for micro employers and for closely held payees from 1 July 2021.
Micro employers are employers with one to four employees. A closely held payee is an individual who is directly related to the entity from which they receive payments, for example: