STP Phase 2 is coming!

Make it simpler for your business

We’re here to help you get ready

The new deadline for businesses in Australia to comply with Single Touch Payroll (STP) Phase 2 is 1 January 2022 but if you can start reporting before 1 March 2022 you will be meeting the deadline.

While it may seem like next year’s problem, it’s a good idea to get your head around the changes and identify the steps you’ll need to take to be STP Phase 2 compliant to avoid a last-minute panic.

Knowledge is power! STP Phase 2 will expand on the data businesses are required to report to the ATO in the STP pay event file on or before each payday.

This will ultimately reduce the compliance burden for businesses and individuals who currently report information to multiple government agencies. As stated by the ATO, it will also support the administration of the social security system.

Additional STP Phase 2 tools

Simple reference tools for you to use each step of the STP Phase 2 journey.

Benefits to Employers

STP Phase 2 will help reduce duplication and streamline reporting which will be beneficial for employers:

Remove duplication and eliminate need for the submission of TFN declarations to the ATO
Remove the need to provide employees with payment summaries
Remove requirement for submitting payment summary annual report to the ATO

Benefits to Employees

How ADP works with others like you

I would whole-heartedly recommend ADP to anyone who is looking for the type of solution we have. It really is a truly managed service. We have great customer support and any issues are dealt with quickly and efficiently. It allows us more time to talk to clients, less time dealing with payroll related queries and issues.

Rebecca Sinclair, Regional Director
Aquent