Don’t be fazed by STP Phase 2
Your step-by-step guide to get ready
Getting ready for Phase 2
What you can do today
Register for our training and resources to get the how, what and why answered.
Update employment basis
Update income type and country of origin
(or home country in Essentials)
Update ATO reporting categories – these have been expanded as part of STP Phase 2 into more specific categories which you can begin assigning to pay items. Note: MYOB cannot help with assigning ATO categories – we recommend you work with your advisor, bookkeeper or even the ATO if you are unable to complete these yourself.
Complete the in-product readiness check. We’ll guide you through anything left to update.
Begin STP Phase 2 Reporting
When should I transition?
Start planning when and how your business will transition now. We’ve obtained a deferral from the ATO, so you have until 1 January 2023 to start reporting via STP Phase 2. This means you can get ready at a time that suits you in 2022.
Need STP Phase 2 help?
Find a certified MYOB Partner to help you get STP Phase 2 compliant