Single Touch Payroll Phase 2
The ATO has expanded Single Touch Payroll (STP Phase 2 is an expansion of the ATO's reporting requirements. To learn about what's changing, visit the ATO website. If you're already reporting via STP, you don't need to do anything right now) to include additional information in your payroll reporting through STP Phase 2. The deadline to begin reporting on STP Phase 2 was 1 January 2023. Your MYOB Essentials will be upgraded to a the new platform in 2022, where you can begin your where you’ll be able to transition to STP Phase 2. MYOB has obtained a deferral from the ATO to 1 January 2023 allowing you time to make the move. We’ll keep you informed on the status of your upgrade, but in the meantime you can find out more about these changes
We’ve been working with the ATO and have been granted an extension to the 1 January deadline, so you'll have time to move to the new platform and begin STP Phase 2 reporting. You now have until 31 March 2023 to report your first STP Phase 2 pay run.