Jun 10, 2022 | Business Advice
Single Touch Payroll (STP) has been expanded to reduce the pressure on employers who are required to report employee information to a variety of government agencies. The first phase of STP has been a mandatory obligation for all business that withheld PAYG...
Jun 8, 2022 | Business Advice
As part of the 2019–20 Budget, the Australian Government announced that Single Touch Payroll (STP) would be expanded to include additional information. The expansion of STP, also known as STP Phase 2, will decrease the reporting burden for employers who need to...
Jun 6, 2022 | Uncategorized
On 1st January 2022, changes were introduced to Single Touch Payroll (STP). The changes mean that employers are now required to report to additional information on or before each payday. This is known as STP Phase 2. The additional information is designed to assist...
Nov 3, 2021 | Business Advice
The Australian Tax Office (ATO) has announced that Australian employers will be given an extra two months to transition into the second phase of Single Touch Payroll (STP). The blanket deferral was made by the ATO as a consequence of recent lockdowns and the impact of...
