Single Touch Payroll - Minor update & News

When you next run the Single Touch Payroll you’ll notice 2 new check buttons.

Open

As a result there is a slight change to the procedure. You will need to select ‘New’.

The Update button is there for major corrections and should only be used in certain circumstances, none of which will arise in normal processing. We needed it to correct some salary sacrifice issues and decided to leave it in.

So, how is this Single Touch thing going. Information from the ATO, as at 14th July 2019:-

• 286,168 Employers are now reporting

• 9,406,383 Individuals

• 5,474,427 Pay Events

• 8.978.981 Income Statement views via myGov.