WebSeptember 2024 - last edited. Just attended the ATO' s initial webinar for their STP Phase 2 Rollout . Any guidelines yet, for MYOB Consultants and Payroll users, on MYOB's roadmap for STP Phase 2. The ATO plan to launch Phase 2 from 1 Jan 2024 - but payroll consultants are recommending 1st March. Kym Yeoward CPA AGIA. WebSTP Phase 2 will make it easier for employers to report specific payment details made to employees across all income streams. This infosheet summarises some data elements added in STP Phase 2. Refer to the ATO’s Phase 2 Business Implementation Guide , webinar and Fact Sheet for more information on the data elements added in STP Phase 2, their …
Getting Ready for Single Touch Payroll: Phase 2
Web1 Mar 2024 · The Australian government announced in its 2024-2024 federal budget that the data collected through Single Touch Payroll (STP) will be further expanded by the ATO in the form of STP 2 compliance. In the next phase of STP, there is going to be a strategic shift of the reports as they move away from the ‘Payment Summary Annual Rules (PSAR)’ and … WebSingle Touch Payroll Phase 2 Employer and tax professional webinar #1. This video demonstrates: Key changes and benefits. DSP readiness and deferrals. Employer Guide. Upcoming communications and engagement. Industry tips / panel discussion. the outer worlds 攻略wiki
Single Touch Payroll - Phase 2 Aurion
WebAn emerging area of interest (and risk) we have seen is how Churches can best utilise the exempt fringe benefits mechanism. Conversely, with the introduction of Phase 2 STP there are considerable risks that religious institutions that previously may have been eligible will have had changed circumstances affecting their eligibility. WebSingle Touch Payroll (STP) left the Australian payroll world abuzz in the past year, with how it changed the way business reported their payroll information to the Australian Taxation Office (ATO). By 1 July 2024, all businesses across Australia should be compliant to STP regardless of their total headcount, requiring huge efforts from employers and payroll … Web18 Apr 2024 · In STP Phase 1, the gross amount you report contains different types of amounts depending on the particular income type. This approach has changed in STP Phase 2 and all payment types are now reported consistently for each income type. Instead of reporting a single gross amount, you will now separately report: gross; paid leave; … the outer worlds 攻略