Single Touch Payroll (STP) Support
We provide full support for Single Touch Payroll requirements, ensuring your business reports payroll information to the ATO correctly and on time with every pay run.
About This Service
Single Touch Payroll (STP) reporting is mandatory for all Australian employers. Our STP support service ensures your business meets all ATO requirements with accurate, timely reporting every pay run. We handle everything from initial setup to ongoing submissions and year-end finalisation.
Key Features
Comprehensive features designed to meet all your single touch payroll (stp) support needs.
STP Phase 2 Compliance
Fully compliant with STP Phase 2 requirements including disaggregated reporting of income types.
Real-Time Reporting
Payroll data reported to the ATO on or before each pay day as required.
Disaggregated Data
Correct classification and reporting of gross payments, PAYG, super, and allowances separately.
Error Validation
Pre-submission validation to identify and correct errors before lodgement with the ATO.
Submission Tracking
Complete visibility of submission status with confirmations from the ATO.
Year-End Finalisation
Complete finalisation process ensuring all employee records are marked as final for the year.
Update Events
Processing of update events for corrections, terminations, and amendments.
Employee Tax Declarations
Electronic processing of tax file number declarations and withholding variations.
Benefits
- Meet all ATO STP reporting obligations
- Real-time payroll visibility for employees via myGov
- Eliminate annual payment summary distribution
- Reduce end of year processing workload
- Accurate disaggregated reporting
- Quick identification and correction of errors
- Complete audit trail of all submissions
- Streamlined reporting process
What's Included
- STP Phase 2 compliant reporting
- Pay event submissions each pay run
- Pre-submission error validation
- Submission tracking and confirmations
- Year-end finalisation processing
- Update event submissions
- Error correction and resubmission
- ATO liaison for STP matters
Ideal For
This service is perfect for:
Our Process
A streamlined approach to ensure efficient and accurate service delivery.
Setup & Configuration
We configure your STP reporting, ensuring all income types, allowances, and deductions are mapped correctly for Phase 2.
Each Pay Run
With every pay run, we prepare and submit STP data to the ATO, validating accuracy before lodgement.
Monitoring & Correction
We track all submissions for ATO acceptance and promptly address any errors or rejections.
Finalisation
At year end, we complete the finalisation process, marking all employee records as final with the ATO.
“STP was confusing at first, but PayCraft made it simple. They handle all our submissions and we have never had an issue with the ATO.”
Lisa Brennan
Accounts Manager
Frequently Asked Questions
Find answers to common questions about our single touch payroll (stp) support service.
What is STP Phase 2?
STP Phase 2 expands reporting requirements to include more detailed (disaggregated) information about employee payments. This includes separately reporting gross amounts, allowances, paid leave, overtime, and other income types rather than a single gross figure.
When must STP be reported?
STP must be reported to the ATO on or before the day you pay your employees. We ensure submissions are made in time with each pay run.
What if there are errors in a submission?
We validate all data before submission to minimise errors. If an error is identified after lodgement, we submit an update event to correct the information with the ATO.
Do employees still receive payment summaries?
With STP, employees access their year-to-date and end of year payment information through myGov, linked to their ATO account. Formal payment summaries are no longer required to be issued for STP-reported employees.
What is an STP finalisation?
Finalisation is the process of marking each employee's income statement as "Tax ready" at the end of the financial year. This tells employees and the ATO that the information is final and can be used for tax returns.
Can you help us transition to STP Phase 2?
Yes, we assist businesses with transitioning to Phase 2 requirements, including mapping income types, configuring reporting, and ensuring compliance with the expanded requirements.
Related Services
Explore our other payroll services that complement single touch payroll (stp) support.
Ready to Get Started?
Contact us today to discuss how our single touch payroll (stp) support service can benefit your business. Our team is ready to help.