Single Touch Payroll (STP) is an initiative of the Australian Government introduced in 2018, with Version 2 becoming compulsory for employers in 2022. Its a way of reporting payment information of employees, with this information electronically being reported to the ATO at the time they are made, rather than as an annual report at the end of the year. An ATO whitelisted payroll system for STP2 is required in order to meet these requirements.
All Accrivia clients are now reporting via STPV2.
If you have any questions, please get in contact with the Accrivia Support Team.