Tasmanian Farmers and Graziers Association
Tasmanian Farmers and Graziers Association

Single Touch Payroll

The 30 September deadline for small employers (19 or fewer employees) to move to Single Touch Payroll (STP) has now been and gone, but the ATO wants to remind farmers – and all employers in the agriculture, fishing and forestry industry – that they have options.  

 STP is a new way of reporting tax and super information to the ATO, with employers sending their employees’ salaries and wages, pay as you go (PAYG) withholding and super information electronically each time they pay their employees.

To support their transition to STP, the ATO has released a new concession for employers in the Agriculture, fishing and forestry industry. The ATO recognises that employers in this industry have unique challenges, different ways of working and managing payroll, particularly if you operate a small farm with 1-4 employees or have a fluctuating workforce due to employing seasonal workers.

For more information click here