AccountRight Plus and Premier, Australia only You need to assign an ATO reporting category to each of the payroll categories you use. This lets the ATO know how to treat each type of payment you're reporting through Single Touch Payroll (STP). Get ready for STP Phase 2STP Phase 2 is the ATO's expansion of their payroll reporting requirements. This includes expanding the list of ATO reporting categories to better define the amounts paid to employees. For example, the ATO reporting category Gross payments is being has been split into more specific payment types, like overtime and bonuses. To learn more about STP Phase 2, visit the ATO website.The current list of ATO reporting categories will apply until STP Phase 2 begins. But you or your bookkeeper can start assigning the new If you set up STP recently, you'll likely be set up for STP Phase 2. You'll know you're on STP Phase 2 if your payroll categories only have one ATO reporting category field (you won't see the "STP Phase 2 is coming" message shown below). If you're still on STP Phase 1 you'll be prompted to move to STP Phase 2 in the coming months. Until then, you or your accounting advisor can assign the STP Phase 2 ATO reporting categories in preparation for the change. This will reduce the stress of the transition by assigning the new categories over the next few monthsgetting a headstart. Learn more about getting ready for STP Phase 2.
Which ATO reporting category should I assign?As your business, award and employee agreement are unique, we can't tell you which ATO reporting categories you should assign to your payroll categories. However, you can use the descriptions of reporting categories below to guide you. For additional information and advice: |