With the introduction of the ATO's Single Touch Payroll from 1 July 2018, now is the time to start thinking about its impacts for your business. Single touch payroll will enable employers to report salary or wages, pay as you go (PAYG) withholding and super contributions directly to the ATO at the same time they pay their employees rather than previously reporting monthly or quarterly.   Information for employers For employers with 20 or more employees, single touch reporting will be mandatory from 1 July 2018. If you have 19 or less employees, Single Touch Payroll reporting will be optional until 1 July 2019. It will be mandatory from that date, subject to legislation being passed in parliament. It’s important to note that you need to do a “headcount” on April 1 2018 to determine if you have 20 or more employees.   How your reporting will change Your payroll solution will need to be updated for Single Touch Payroll reporting. The ATO are...