Single Touch Payroll (STP) ensures your payroll is reported to the ATO as you pay employees. We lodge STP with every pay run, manage Phase 2 compliance, handle corrections and amendments, and prepare for STP finalisation at year-end.
The Process
Payroll data prepared for each pay run with all STP-required fields
STP submitted to the ATO Business Portal on or before payment
ATO validates receipt and provides confirmation
YTD totals maintained and updated for each employee
Variations and corrections submitted as needed
Final STP finalisation completed at year-end
FAQ
Phase 2 includes reporting of salary sacrifice arrangements, tax-free threshold declarations, Medicare levy information, and other deductions. We manage all Phase 2 reporting.
We lodge a variation or correction through STP. The ATO accepts corrections with a timestamp. We track and document all corrections.
STP must be lodged by the earlier of: (a) when you pay the employee, or (b) the 15th of the next month. We lodge same-day or next-day after pay.
New starters are captured in their first STP submission. Departing employees' final pay is submitted with their leave payouts. Tax file number declarations are submitted with STP.
Because STP is submitted throughout the year, the ATO already has your full year's data. Year-end reconciliation is simplified to finalisation and any corrections needed.
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