Single Touch Payroll Services in Sydney
Since July 2019, the ATO has made Single Touch Payroll (STP) mandatory for all Australian employers. This digital reporting system requires businesses to send employee tax and superannuation information to the ATO every time they run payroll.
At Tax Essentials Bankstown, we make STP compliance simple. Our payroll specialists help Sydney businesses—small, medium, and large—set up, manage, and lodge payroll data accurately, on time, and stress-free.
What is Single Touch Payroll?
Single Touch Payroll (STP) is an ATO initiative that streamlines reporting for employers. Each pay cycle, businesses must report:
Employee wages and salaries
PAYG tax withheld
Superannuation contributions
This information goes directly to the ATO, ensuring transparency, compliance, and efficiency.
Why STP Matters for Sydney Businesses
Avoid ATO penalties for late or incorrect lodgements
Real-time compliance with tax and super obligations
Improved employee transparency (accessible via myGov)
Streamlined payroll process with accounting software
Peace of mind that your business meets reporting laws
Our STP Services
1. STP Setup & Registration
We’ll help you:
Register your business for STP with the ATO
Integrate STP into your payroll/accounting software (Xero, MYOB, QuickBooks)
Train your staff on how to use STP effectively
2. Ongoing STP Reporting
Manage and lodge payroll data each pay cycle
Ensure accuracy for PAYG and super contributions
Handle errors or missed lodgements quickly
3. Year-End Finalisation
Submit annual STP finalisation reports to the ATO
Provide employees with tax-ready income statements in myGov
Ensure superannuation guarantee compliance
4. Small Business Support
We specialise in helping small and medium Sydney businesses who may not have in-house payroll teams. Outsource to us for:
Affordable payroll services
Reduced admin burden
Peace of mind compliance
Why Choose Tax Essentials for STP in Sydney?
Local experts based in Bankstown, Sydney
15+ years’ experience in payroll, tax, and compliance
Certified partners with Xero, MYOB & QuickBooks
Flexible service: once-off setup or ongoing payroll management
100% ATO compliance guaranteed
FAQs About Single Touch Payroll
Q: Do all employers in Sydney need STP?
Yes. STP is mandatory for all businesses, regardless of size, unless specifically exempt.
Q: What happens if I don’t lodge STP?
The ATO can issue fines and penalties for late, missing, or inaccurate STP lodgements.
Q: Can Tax Essentials manage payroll for me?
Absolutely! We can handle your entire payroll process, from wages to super, including STP lodgements.
Contact us for your single touch payroll needs in Sydney.
Don’t risk ATO penalties. Stay compliant with Single Touch Payroll (STP) today.
We make payroll simple, accurate, and stress-free for Sydney businesses.
- Phone: (02) 9793 1547
- Email: admin@taxessentials.com.au
- Location: 8 66/72 Rickard Rd, Bankstown NSW 2200