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Delaying the proposed start date of Single Touch Payroll Phase 2
The Joint Bodies are committed to the successful implementation of Single Touch Payroll (STP) Phase 2, however for the reasons below, digital service providers, intermediaries and employers are not in a position to meet the proposed 1 July 2021 start date.
We therefore seek a deferral of the start date to 1 July 2022. Such an extension will help to ensure that the data submitted through STP 2 to the ATO, and subsequently shared with Services Australia and others, is more likely to be accurate and able to be relied upon by Government.
Submission prepared by:
The Joint Bodies
(Chartered Accountants Australia and New Zealand, Corporate Tax Association, CPA Australia, Institute of Public Accountants, Law Council of Australia and The Tax Institute)
Submitted to:
The Hon. Stuart Robert MP
Minister for Government Services
The Hon. Michael Sukkar MP
Assistant Treasurer
Louise Clarke
Deputy Commissioner
Policy, Analysis and Legislation
ATO
For more information, contact:
Matthew Addison, Executive Director
The Institute of Certified Bookkeepers
1300 85 61 81 or Matthew@icb.org.au
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