What is Single Touch Payroll Phase 2?

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

The mandatory start date for Phase 2 reporting is 1 January 2022.  Xero, MYOB and Reckon have received deferrals until the 1st January 2023.  QBO has received a deferral until 1st March 2022.

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