A new way of reporting tax and superannuation information to the ATO.
With STP you report employees’payroll information- such as salaries and wages, pay as you go (PAYG) withholding and super- to ATO each time you pay them through STP-enabled software.
Salary and withheld tax calculations
Employment termination payment (ETP) calculations
Small employers with 19 or less employees
STP reporting started from 1 July 2019
Large employers with 20 or more employees
Will soon be reporting through STP