Single Touch Payroll changes

HomeLearning CentreVideos & Webinars

What is Single Touch Payroll Phase 2

In the 2019–20 Budget, the government announced that Single Touch Payroll (STP) would be expanded to include additional information.

The expansion of STP, also known as STP Phase 2, will reduce reporting burden for employers who need to report information about their employees to multiple government agencies.

The mandatory start date was 1 January 2022 however Xero Payroll users obtained an extension until 31 December 2022.  STP Phase 2 will be rolled out in phases:

When will each stage begin?

Stage one: 

The first stage will start being available within Xero from mid-April onwards. This will include updates to the way new employee records are set up in payroll, ensuring STP Phase 2 compliance.

Stage two: 

The second stage will begin rolling out within Xero mid-year. This will extend the set up process to enable the transition of existing employee payroll records to STP Phase 2 compliance. This will provide ample time for you to ensure all employees in your business are correctly set up for STP2 Phase 2 compliance.

Stage three: 

The final stage will be available in the second half of this year. It will see the new pay items from STP 2 finalised in Xero, with product support to review existing pay items that may need to be changed to those stipulated by STP Phase 2. 


LEARN MORE ABOUT XERO LEARN MORE ABOUT XERO
6 May

B.I.T.E Business Conference 2025

ALL DAY CONFERENCE @ Mornington Racecourse
6 May 2025 - 8:30am - 5:30pm

In today’s fast-changing world, staying competitive means embracing new trends and technologies. At B.I.T.E. Conference 2025, you'll discover groundbreaking strategies and tools—like A.I. and robotic process automation—designed to help you navigate and succeed in the evolving business landscape.


READ MORE READ MORE
Today

Payday Super: Changes for Employers

Treasury has released exposure draft legislation for Payday Super that will require employers to pay superannuation at around the same time as salary and wages are paid to the employee. The changes are proposed to commence from 1 July 2026.


READ MORE READ MORE
Today

Episode 19: Building Your Future - Property Investment with Super

Shannon Smit dives deep into the compelling world of using self-managed super funds (SMSFs) to invest in property. With her signature energy and expertise, Shannon explains the mechanics of SMSFs, contrasting them with retail and industry super funds, and revealing the unique power they offer individuals to take control of their financial future.


READ MORE READ MORE


23 Feb '23

Successful Succession Planning For Business

ONLINE WEBINAR
23 February 2023 // 12:30pm
In our upcoming webinar we'll be diving into some common exit strategies for successful succession planning, the pros and cons, and what you need to consider before making a decision.


READ MORE READ MORE
14 Sep '22

THE WOMAN SERIES // Estate Planning - Peace Of Mind With The End In Mind

You’ve worked hard for what you have – it’s time to protect it for the next generation.


READ MORE READ MORE
10 Aug '22

THE WOMAN SERIES // Insurance Stripped Bare

ONLINE Webinar: Insurance Stripped Bare - What you really need to protect your assets


READ MORE READ MORE