The end of financial year (EOFY) for Australian businesses is fast approaching and one tool that was found most useful by accountants is Single-Touch Payroll or STP. Indeed, STP has several advantages both for employees and their employers; but how exactly? A lot has been said about Single-Touch Payroll, but what do the experts have to say?
We’ve invited one of our Senior Account Managers and two of our Accounting Team Managers to talk about Single-Touch Payroll, why both employers and employees benefit, and how STP has eased their administration and compliance work load.