The ATO has explained that employers who begin reporting additional payroll information required under the expansion of Single Touch Payroll (STP) by 1 March 2022 will be considered to have met their 1 January 2022 deadline.
While the due date for Phase 2 of STP reporting remains as 1 January 2022, the ATO has taken a flexible approach based on your business readiness and individual circumstances.
If your solution is not ready by 1 March 2022 and you need more time you can:
There won’t be penalties for genuine mistakes for the first year of Phase 2 reporting until 31 December 2022. This includes employers who have already started Phase 2 reporting.
You can find more information on the changes to Single Touch Payroll reporting on the ATO website.
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