Single Touch Payroll
Single Touch Payroll is a new way of reporting payroll information to the Australian Tax Office. Businesses used to report this information
to the ATO once a year.
Now, you need to send a report after each pay day. And those reports must be submitted using a solution that is Single Touch Payroll
compliant, such as payroll or accounting software.
With Single Touch Payroll, the payment summary annual report and the payment summary will go away.