What is Single Touch Payroll (STP)?
Single Touch Payroll Phase 2 is the ATO's mandatory real-time payroll reporting system. Employers send pay information (gross pay, tax, super, allowances categorized) to the ATO with each pay event. Annual finalisation is due 14 July each year.
Current Rate (Real-time at each pay event; annual finalisation by 14 July)
N/A — no fee
Example
When an employer runs payroll on Friday, their accounting software (Xero, MYOB, AccountsOS) automatically sends the STP report to the ATO. Employees see year-to-date amounts in myGov.
Related terms
Pay As You Go Withholding is the system Australian employers use to deduct tax from employee wages and remit to the ATO. Real-time reporting via Single Touch Payroll (STP) Phase 2 is mandatory at every pay event. Cash flow remittance is via BAS (quarterly or monthly).
Mandatory employer contribution to an employee's superannuation fund. The rate is 11.5% of ordinary time earnings for FY2024–25, rising to 12% from 1 July 2025. Must be paid quarterly by the 28th of the month following each quarter.
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