Attention employers – Single Touch Payroll is coming!

The ATO is introducing a new system – Single Touch Payroll – to help employers report their employee payment information more easily and efficiently.

What is Single Touch Payroll?

Single Touch Payroll is a new system for employers to conveniently report their employee wages, withholding and superannuation information at the time when they prepare payroll on their accounting or payroll software.

What does it mean to you?

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It’s SUPER time!

For businesses with employees, it’s quarterly Superannuation payment time!

The deadline for superannuation payment for the September 2017 quarter is due 28 Oct 2017. For businesses using AutoSuper on Xero, the cut off date to have it submitted and approved is 4pm AEDT, Tuesday 24 October. This ensures they reach the super funds by 28 October.

If you require assistance, Aston is happy to help!

Contact us!

XeroCon 2017

Over 500,000 small businesses are now using Xero accounting software, including more than 130 of our client businesses.   So Helen Hardegen & Emily Yip went to Melbourne last week to attend a XeroCon where over 3,000 accountants, bookkeepers and other interested parties gathered to learn more about the new things that are coming soon to Xero and how we can best help you, our clients, to use it.

There are some exciting new developments that we will contact you about in the near future including a new project management module, easy expense claims and many more.