Single Touch Payroll
Are you STP ready yet?
The ATO will be working with employers to support them as they transition to STP,
including allowing micro employers (4 or less employees) and small employers
(19 or less employees) to start reporting any time from 1 July to 30 September 2019.
Most current accounting packages with payroll will have the STP facility.
Various online and desktop packages are available at low cost for micro employers.
For those clients not wishing to take Payroll on themselves, Ross Wadeson Accountants
can do the work for you. We hope this will provide you more time to grow your business.
Ross Wadeson Accountants can:
• Setup your employee's Payroll details
• Setup your employee's Superannuation details
• Setup your subscription and Bank Feeds
• Setup your Chart of Accounts and Bank Rules
All of the above for an initial one off setup cost from $450 plus GST (depending on number of employees and current situation),
Following the initial setup, for $250 plus GST per month we would:
• Process your transactions
• Reconcile your Bank Account
• Process your Weekly/Fortnightly or Monthly Pay Runs
• Arrange payment to your employees and the ATO
• Lodge required information with the ATO through STP, and
• Process and lodge your Quarterly BAS
As a result we would be managing your Payroll, Bookkeeping and BAS lodgements for you.
If you would like more information please call us to discuss further.