what is single touch payroll

What Is Single Touch Payroll? Meaning, Definition, and Benefits

While payroll is vital to a business, calculating employee wages, taxes and superannuation can be time-consuming. The government of Australia launched a digital reporting system to simplify and improve payroll in Australia. Single Touch Payroll is a system that enables employers to automatically report payroll data to the Australian Taxation Office (ATO) when they make…

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