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AccountRight

Single Touch Payroll from 2016 - implications for AccountRight and Essentials

Ultimate Partner

1,660Posts

1,045Kudos

127Solutions

1,660 Posts
Ultimate Partner
Australia

I have recently read in a tax newsletter, that the government will be simplifying tax and super reporting from 1 July 2016, by introducing Single Touch Payroll. Under this system, an employer's accounting software will automatically report payroll information to the ATP, when employees are paid.

 

This will eliminate the need to report PAYG Withholding on BAS and the need to issue annual Payment Summaries.

 

Would like to know whether the Development Team are planning software updates and client training, to meet this change.

 

Would also like to know the views of other CCs

 

Kym Yeoward

Darwin

Current Status: Open
Last Changed: February 2015

Hi @Kym__Yeoward 

Thank you for your idea in regards to AccountRight/Essentials and Payroll. We have passed on your feedback in regards to the development team.

11 Comments
3 Posts
Cover User

Please let me know when the compliance update for single touch payroll as per ATO requirement from 1 July 2018  will be available for Acountright v19.14 Plus. I am a PC based user.