Learn what's involved in getting STP Phase 2 compliant

The transition to Single Touch Payroll Phase 2 reporting is coming soon! We've got a plan for you and plenty of resources to help throughout the journey.

Firstly, check out this video to learn what this means for you and what the transition process will entail.

Secondly, prepare by setting your Paid Parental Leave and WorkCover pay items to the new requirements. Scroll down for more.

Next, we will let you know when the Transition Tool is ready in your platform and you can begin to update and track your data in preparation to move to STP Phase 2 reporting.

Paid Parental Leave and WorkCover Changes

In line with the requirements for STP Phase 2, there is a change to processing WorkCover and Paid Parental leave handling within the platform. Where employees miss work on WorkCover, or are on Paid Parental leave, an entitlement will need to be created and used to correctly report these payments. You may have been using a pay item for these in the past, this can continue only for cases where an employee is working and still receiving WorkCover payments.

Check out the instructions below on what you need to do, and how to manage Work Cover and Paid Parental Leave payments moving forward.