Single Touch Payroll
Single Touch Payroll Phase 2
In the 2019-2020 Budget, the Government announced that Single Touch Payroll (STP) would be expanded to include additional information. The expansion is also referred to as STP Phase 2 and will reduce the burden for employers who need to report information about their employees to multiple government agencies.
The mandatory start date for STP Phase 2 was 1 st January 2022. There are many benefits to employers with implementing the changes in Phase 2, however, to set up your accounting software to be compliant may be confusing, daunting and overwhelming.
Please contact Santi Accounting if you would like assistance or for us to review your STP set up.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
Don’t worry about sounding professional. Sound like you. There are over 1.5 billion websites out there, but your story is what’s going to separate this one from the rest. If you read the words back and don’t hear your own voice in your head, that’s a good sign you still have more work to do.
Be clear, be confident and don’t overthink it. The beauty of your story is that it’s going to continue to evolve and your site can evolve with it. Your goal should be to make it feel right for right now. Later will take care of itself. It always does.