Single Touch Payroll (STP) Phase 2

Single Touch Payroll (STP) Phase 2 is an expansion of the ATO’s payroll reporting system, and you have until 1 January 2023 to make the move. Under this expansion, you’ll report additional information to the ATO and clarify the payments you make to your employees.

Reporting via STP Phase 2 will:

• reduce your reporting burden if you currently report to multiple government agencies, and
• support the administration of Services Australia.

To learn all about STP Phase 2 and the benefits, visit the ATO website.

For further assistance please contact our office.