With the introduction of Single Touch Payroll (STP) and the hassle of dealing with different awards for different positions, the task of making sure your employees are paid correctly can be daunting. The ATO take paying your emplotyees seriously, and not reporting and paying them corectly can be costly.
IT DOESN'T HAVE TO BE
Counting Beanz can take care of your payroll on a weekly, fortnightly or monthly basis. Being a Certified Xero, MYOB and Quickbooks Payroll Advisor, we have the knowledge and expertise to ensure your payroll is prepared accurately with awards and other items taken into account.
We can work within your current Payroll systems, and also review and send payroll data to the ATO and the employee on your behalf.
Counting Beanz can also provide STP compliant software to help you maintain your reporting obligations with the Australian Taxation Office. Payroll can also be integrated with our bookkeeping packages, to have all your information in the one place, eliminating the need to transfer information from one system to another.
Single Touch PayrollSingle Touch Payroll (STP), is a new way of reporting tax and superannuation information to the Australian Taxation Office
With STP you report employees' payroll information – such as salaries and wages, pay as you go (PAYG) withholding and super – to the ATO each time you pay them through STP-enabled software.
All business' regardless of the number of employees MUST now be STP compliant
The ATO have confirmed that the failure to lodge penalty is calculated at the rate of $210 for each 28 days, or part thereof, that a STP report is overdue
Contact Us to help you become and maintain compliance, and avoid unneccessary fines.