Single Touch Payroll Phase 2 Reminder!

Element Accountants & Advisors | 14 Feb, 2023

Single Touch Payroll Phase 2 Reminder!

Posted on by Element Accountants & Advisors
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Single Touch Payroll Phase 2 Reminder!

What is STP Phase 2? The expansion of STP, also known as STP Phase 2, reduces the reporting burden for employers who need to report information about their employees to multiple government agencies. It helps Services Australia’s customers, who may be your employees, get the right payment at the right time.

Compliance due date is 31st March 2023

Move to Single Touch Payroll Phase 2 in four easy Steps!

  1. Update Employee Profiles
  2. Replace pay items
  3. Assign Leave Categories
  4. Opt-in to Phase 2 Reporting

Click on the links below for further information!

Move to Single Touch Payroll Phase 2

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