Institute of Certified Bookkeepers

What you need to know about Single Touch Payroll (from the ATO) is outlined below including dates to be aware of.

On 1 July 2017, a limited release of Single Touch Payroll began for a small number of digital service providers and their clients. Between July and October 2017, Single Touch Payroll will operate with limited functionality to this group. From October 2017 additional functionality will be available and digital service providers will be able to start releasing Single Touch Payroll products over time.

They will most likely stagger their releases and will let their clients know as solutions become available. Once available, employers can choose to start reporting through Single Touch Payroll early.

The ATO is continuing to work with a cross section of industry representatives to develop timely and accurate information for employers. There is updated web content is now available.

Over the next three months, the ATO’s focus is to support intermediaries and digital service providers with information about Single Touch Payroll, including key dates. The ATO is proposing to write to all employers with 20 or more employees during September to inform them of their reporting obligations under Single Touch Payroll.

We recommend that you start thinking about how your clients will be impacted by Single Touch Payroll and how you can support their transition. The ATO can provide you with a range of tools and resources to support you and your members.

The following timeline sets out what is happening and when you can expect to see more:

  • June 2017 – we added the menu option “Manage Employees” to the portals.
  • July 2017 – Single Touch Payroll will be operating with limited functionality for a select number of employers. 
  • September 2017 – we will write to all employers with 20 or more employees to inform them of their reporting obligations under Single Touch Payroll.
  • October 2017 – you will start to see an increase in the release of Single Touch Payroll solutions by digital service providers to employers.
  • 1 April 2018 – employers will need to do a headcount of the number of employees they have to determine if they need to report through Single Touch Payroll.
  • From 1 July 2018 – Single Touch Payroll reporting will be mandatory for employers with 20 or more employees.

ICB Information and Resources for You Now

  • 27th July, 2017