A range of no-cost and low-cost Single Touch Payroll (STP) solutions are being made available from early 2019 in addition to existing commercial STP solutions.
The no-cost or low-cost solutions have been developed for micro employers (those with one to four employees) who need to report through STP but do not currently have STP ready software. These solutions may include mobile apps, simple reporting solutions and portals.
Software providers have put forward product proposals to offer these solutions in response to a market request. The solutions are required to be affordable (costing less than $10 per month), take only minutes to complete each pay period and not require the employer to maintain the software.
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