The deadline is fast approaching!
Employers need to ensure they are reporting under STP2 to remain compliant with the ATO. STP2 requires all employers to report additional payroll data each pay run.
If you are using Xero to run your business, you have until 31 March 2023 to be compliant. We recommend that you commence the process to be compliant as soon as possible.
If you need assistance with transitioning to STP2, please contact Matthew Cook on 03 9098 4245.
To learn more about Xero STP2 refer to the link below.
https://xero.app.box.com/v/move-to-stp-phase-2
For a further explanation on STP, please refer to our previous article
