Additional information to report as part of Single Touch Payroll (STP) Phase 2 will include:
amounts paid to staff — instead of reporting a single gross amount, you’ll separately show items such as overtime, paid leave, and […]
This will see Xero businesses build on their existing STP reporting to share more information with the ATO and […]
There are some mistakes being made with the move to STP Phase 2 reporting.
We’re sharing the most common errors so employers can avoid making them:
Re-mapping […]
Key dates in June
30 […]
You need to start reporting additional information on or before each pay day — this is known as STP Phase 2.
STP Phase 2 started on 1 January 2022
Some […]
The Government has announced a once-off $420 ‘cost of living tax offset’ for the 2022 income year, which will be provided in the form of an increase to the existing LMITO. This will increase the maximum LMITO benefit to $1,500 […]
If you employ staff, you’ll need to be ready for this change.
If your business uses Xero, it will be compliant.
If not — or you know someone who is not — there’s time to start thinking […]
If you employ staff, you’ll need to be ready for this change.
New guidelines that explain the changes are now available to help.
STP Phase 2 reporting means changes to the way you report:
amounts paid […]
This expansion of STP reduces the reporting burden for employers who need to report information about their employees to multiple government agencies and supports […]
Employers should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral […]