STP phase 2 coming soon
The ATO is expanding the information that your business sends through Single Touch Payroll (STP). From 1 January 2022, most employers will be required to send additional information such as commencement date of employment, cessation date of employment, reasons for leaving employment and work type (ie full-time, part-time etc). The basic information of salary and wages and super liability information in phase 1 will also be further drilled down in phase 2 moving away from just reporting the gross amount.
