Preparing for STP Phase 2

Tax

The start date for Single Touch Payroll Phase 2 is fast approaching, but with everything going on around us at the moment, the ATO has decided to provide a short blanket deferral for all employers.

Promoted by Intuit QuickBooks 1 minute read

In this episode of Accountants Daily Insider, we partner with Intuit QuickBooks to hear from Lielette Calleja, who sits on the ATO’ STP Phase 2 advisory board, to hear about this latest concession and what it means for practitioners and their clients.

Lielette, the chief accounting technician at the Association of Accounting Technicians and a director and founder of her firm All That Counts, also explains what the expanded reporting requirements of STP Phase 2 will look like, and why the government is asking for this data.

She also shares some key points to help advisers prepare themselves and their clients for the change ahead.

  

Robyn Tongol

AUTHOR

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