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Joint Bodies Submission | Delaying the proposed start date of Single Touch Payroll Phase 2

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Published on 03 Feb 21 by THE TAX INSTITUTE

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.

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