It’s the final STP Phase 2
countdown!

Make the switch today to meet the 1 January 2023 deadline.

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STP 2

MYOB has you sorted for the ATO’s rollout of Single Touch Payroll (STP) Phase 2.

The time is ticking to the STP 2 deadline, now is the time to move. You’ll need to begin
STP Phase 2 reporting before 1 January 2023 to continue to make your payroll
information compliant with the ATO.

Getting started is easy, our in-product readiness check will guide you through the move.
Here you’ll find everything you need to know and the steps you need to be compliant.

Why STP Phase 2 is being rolled out by the ATO

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Minimise the workload when reporting to multiple Government agencies processes

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Minimise manual processes and remove current issues for employers

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Improve the view of payroll data to support the delivery of social welfare

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Minimise the need for employment separation certificates

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Minimise the need for separate Child Support reports

What’s changing for you

There’s some additional information you will have to update and submit to the ATO before you are STP Phase 2 compliant. This includes:

  1. Update employee fields and ATO reporting categories (pay items)
  2. Complete the STP Phase 2 readiness check in your software:
    Step 1 – check updated employee details meet ATO requirements
    Step 2 – connect to the ATO
  3. Report each pay run to the ATO (same as you normally would)

We’ll also run a check on your payroll information to make sure you haven’t missed anything before you move and start reporting on STP Phase 2. Learn more about how to get STP Phase 2 ready in your specific software:

What isn’t changing

Despite additional information being required in your STP Phase 2 report, there are many things that stay the same, such as:

  • The way you lodge your STP report
  • STP reports are still due on or before pay day unless you are eligible for a reporting concession
  • The types of payments that are in-scope for STP reporting
  • Taxation and superannuation obligations
  • End of year finalisation requirements.