Get Ready for Single Touch Payroll This course provides a Name: Understanding Single Touch Payroll Course Duration: Online Resources Prerequisite(s): None Credit(s): Not Applicable Course Fee: $495.00 Course Start: anytime Course Delivery: Online Component(s): 4 Units Notes: This course is for businesses that employ less than 19 employees. [/vc_column_text][/vc_column][/vc_row] STP 1 STP 1 – What is Single Touch Payroll This unit provides an overview of the Single touch Payroll system and how it will affect small and micro business owners, what you need to know and when it begins. It applies to small and micro business owners who employ staff. Topics covered in this unit include: What is Single Touch Payroll When to implement Single Touch Payroll What are the reporting requirements. STP2 STP2 – Getting Ready for Single touch Payroll This unit explains the procedures and processes for getting ready for Single Touch Payroll for small and micro business. It applies to small and micro business that are yet to implement the single touch payroll system and to develop the procedures to manage compliance. Topics covered in this unit include: Determine how you will report through STP Informing staff of the new procedures Who will authorise the STP report for each pay cycle Who will send the STP report Checking STP report data STP3 STP3 – Reporting for Single Touch Payroll This unit provides guidance on the reporting requirements for Single Touch Payroll. It applies to small and micro businesses that employ staff. Topics covered in this unit include: What must be reported Correcting data Finalising the report Remitting PAYG Withholding Tax STP4 STP4 – End of Year Procedures This unit provides an overview of the endo f year reporting procedures for Single Touch Payroll for small and micro business. It applies to small and micro business owners who employ staff and have not yet completed end of year procedures.. Topics covered in this unit include: End of Year Procedures Making amendments What employees receive Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website This site uses Akismet to reduce spam. Learn how your comment data is processed.