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Sashware STP

Sashware STP

Sashware Single Touch Payroll (STP) is an Australian government initiative to streamline payroll reporting. With STP, employers report employees' payroll information, such as salaries, wages, PAYG (Pay As You Go) withholding, and superannuation, directly to the Australian Taxation Office (ATO) each time they run their payroll.

    Key Features of Sashware STP

  • Real-Time Reporting: Employers send payroll information to the ATO at the same time as they pay their employees, rather than monthly or quarterly.
  • Simplified Reporting: Reduces the need for separate payroll reporting by combining PAYG withholding and superannuation reporting into the payroll process.
  • Transparency: Provides greater transparency for employees regarding their tax and superannuation contributions.

Sashware STP

  • Automation: Works with ATO
  • Real-Time: Up-to-date info
  • Accuracy: Tax filings
  • Automation: Auto data submission
  • Integration: Works with payroll
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Sashware STP Module

The purpose of Single Touch Payroll (STP) is to streamline and simplify the reporting of payroll information to the Australian Taxation Office (ATO) by integrating payroll processes with regular business activities.

Improve Compliance: Sashware ensures employers meet their payroll reporting obligations accurately and on time.
Enhance Transparency: Provide employees with real-time access to their payroll information via myGov.
Support Government Services: Enable faster and more accurate delivery of social security payments and other government services based on up-to-date income information.

Benefits of Sashware STP

Sashware STP is a strategic approach that enables businesses to effectively reach and engage with their target market segments, drive sales growth, and build sustainable competitive advantages in the marketplace.

  • Efficiency: Streamlines payroll processing by reducing the need for separate reports and manual data entry.
  • Accuracy: Reduces errors in payroll reporting by automating the submission of payroll data.
  • Timely Information: Provides the ATO with up-to-date payroll information, facilitating more accurate and timely tax assessments.
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