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Single Touch Payroll (STP) Guide for Financial-Year-End
STP requires employers to report salaries and wages, PAYG withholding information and superannuation information directly to the Australian Taxation Office (ATO) as part of each payroll cycle.
Datacom's payroll solution is now compliantly reporting STP data for all clients to the ATO. To support you to be ready for processing financial year end under STP, we’re providing this guide to help you through the process.
Shifting Payroll Left
“Shift Left” is a strategy developed in the IT world that seeks to improve both the efficiency and quality of IT support provided to users and increase the speed of learning to avoid mistakes.
Efficiency, quality and avoiding mistakes are also highly valued in the payroll sector, so the principles and theory behind Shift Left are increasingly being adopted here.