5 April 2022
Single Touch Payroll (STP) reporting has been expanded in what is known as STP Phase 2.
We have resources to help you as an employer to understand the changes and prepare for STP Phase 2 reporting. These include:
While STP Phase 2 reporting started from 1 January 2022, you can only start STP Phase 2 reporting when your Digital Service Provider (DSP) updates the payroll product you use. If your DSP has a deferral, it will cover you. They will let you know if they have a deferral, and when it’s time for you to start STP Phase 2 reporting.
It's important that you understand the STP Phase 2 changes, are preparing to report the additional information and follow your provider’s instructions.
You can apply for an extension if you need more time to transition. Your registered tax or BAS professional can also apply on your behalf.
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