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Workstem's ATO-certified Single Touch Payroll (STP) software meets all necessary requirements for businesses to seamlessly report STP Phase 2 to the ATO.
STP simplifies the reporting of payroll information to the ATO for employers. STP Phase 2 expands the data reported with more pay details. It reduces the reporting burden for employers and keeps employees receiving the right payment at the right time.
Still calculating payroll and reporting STP Phase 2 in separate systems?
Our all-in-one payroll automation system not only calculates payroll automatically but also directly reports STP Phase 2 to the ATO, freeing up valuable resources and eliminating manual processing for businesses.
Worry about STP errors?
Error warnings can help identify and rectify mistakes in payroll information before reporting to ATO, thereby reducing errors and potential penalties or fines.
Have a data security challenge?
Keep your data encrypted in the cloud. We understand the challenge you face and will protect it with ironclad cloud-based security measures designed to keep the information safe.
Hello to easy, automated and compliant processing that saves time and pays your people correctly. Enjoy the benefits of Single Touch Payroll (STP) Phase 2 and shoot it off to the ATO, all within our payroll platform.
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Centralised employment information, attendance, leave, payroll, Super, tax and more with a comprehensive master file, making it easier to manage, update and access. This streamlines HR management, saving time and reducing the risk of errors.
By automating the payroll process, an integrated system ensures efficient payroll calculation, including salaries and wages, allowances like travel, first aid, bonuses, overtime pay, tax, superannuation contributions and other items specified by the ATO. With the STP error warning, never worry about manual mistakes again.
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Reporting STP data can be complex and time-consuming, but Workstem simplifies the process by directly reporting to the ATO, eliminating manual handling and ensuring timely reporting.
We have reliable reporting including salary, wages, PAYG withholding, tax and superannuation information to the ATO. An integrated system has also passed an ECT assessment by the ATO to stay in compliance with STP requirements and make compliance easier.
Workstem's one-stop payroll system offers a comprehensive range of HR solutions, including rostering, attendance management, leave tracking, expense claims, payroll processing, tax compliance, superannuation, and Single Touch Payroll (STP) reporting. By consolidating these functions into a single platform, we streamline HR processing and reduce errors, delays, and duplication of effort.
What are the benefits of Single Touch Payroll?
STP is an Australian government initiative that requires employers to report tax and superannuation information to the ATO in real-time. Benefits of STP include streamlining reporting processes, improving accuracy, ensuring compliance, providing employee visibility, saving time and money.
What are the advantages of using Workstem’s STP software for Single Touch Payroll (STP) reporting in Australia?
Workstem’s STP software simplifies Single Touch Payroll reporting in Australia by ensuring compliance, streamlining processes, automating reporting, and providing employee visibility, making payroll management efficient and compliant for employers.
How often do I need to submit STP?
In Australia, employers must report tax and superannuation information to the ATO through STP in line with their pay cycle. If you pay your employees weekly, you should report STP weekly. Workstem’s STP software simplifies reporting and ensures compliance with STP requirements.
