NOW is the time to transition to Single Touch Payroll 2 before the 31 MARCH 2023 deadline

What is Single Touch Payroll? 

Single Touch Payroll (STP) is an Australian Government initiative to reduce employers’ reporting burdens to government agencies.  

STP requires ALL employers report employees’ detailed payroll information to the ATO, through STP-enabled software, ON or BEFORE each pay day, unless a concession applies. 

For comprehensive STP 2 information, please click to view our December 2021 and April 2022 bulletins. 

STP Phase 2 – SOFTWARE UPDATES  

Software providers have been rolling out product updates in various stages to enable compliance with the expanded reporting requirements.  

Some information will be reported on an optional and voluntary basis (e.g., Child support deductions). In this case, if your payroll solution doesn’t offer functionality to report, or you choose not to, you will still need to report using your existing reporting channel. 

XERO, MYOB & INTUIT customers 

STP Phase 2 rollout is complete and allows for all customers to transition to STP Phase 2 reporting before the 31 March 2023 deadline.  

XERO Online Hub: XERO STP Phase 2 Resource Hub 

MYOB Online Hub: MYOB STP Phase 2 Resource Hub 

INTUIT Hub: INTUIT (Quickbooks) STP Phase 2 Resource Hub  

RECKON 

Reckon has obtained a deferral which means its customers have until 30 June 2023 to transition to STP Phase 2 reporting.  

RECKON Online Hub: STP Phase 2: Information for Reckon customers 

WHAT YOU NEED TO DO 

• Read ATO Expanding Single Touch Payroll Phase 2 and familiarise yourself with the major changes and additional reporting requirements 
• Review and update your payroll information and pay items 
• Complete the Single Touch Payroll 2 transition on or before your software provider’s deadline. 
• START REPORTING NOW 

Further information can be located:
Single Touch Payroll Phase 2 employer reporting guidelines
STP Phase 2 reporting – Quick reference guide 

Are you confident your payroll has been set up correctly to be STP2 compliant? 

To implement the required STP2 reporting your payroll system will require review and adaption. 

Have you re-mapped your pay codes, allowances and categories correctly?
Are your employee records up to date? 

HOW CAN WE HELP? 

Lombardi Partners are conducting payroll health checks for many of our clients which provides them with the confidence their pay system has been set up correctly and accurately segregated for STP2 reporting. 

We have this process as part of our suite of services available to you.  

We have the training, resources, and support to ensure the efficient implementation of this new system and can assist you with the transition.