STP Phase 2 for Australian Employers using GovReports

Single Touch Payroll (STP) which was rolled out on 1 July 2018 revolutionised payroll reporting, making it easier for employers to report their employees’ payroll information to the Australian Taxation Office (ATO). ATO STP is essentially Digital Payroll Reporting and was introduced in multiple phases, with Phase 1 and Phase 2 being significant milestones. In this blog, we will explore the differences between STP Phase 1 and STP Phase 2 for Australian employers, helping you stay compliant and efficient in managing your payroll responsibilities.

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GovReports Upgrade – Single Touch Payroll Phase 2

We are rolling out Single Touch Payroll Phase 2!

All employers have to report STP pay events for all employees and closely held payees from July 2021.

The ATO STP Phase 2 was initially planned to start on 1 July 2021 with the compulsory reporting, however, it has been postponed to 1 January 2022 because of COVID-19 impacts on business and software providers.

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