The MB+M team provide a range of Single Touch Payroll (STP) refresher videos

With the beginning of a new financial year, it is time to complete your payroll reconciliations and prepare for finalising Single Touch Payroll.

Single Touch Payroll (STP) is an Australian Government initiative to reduce employers’ reporting burdens to government agencies. We have compiled videos we have made over the years to help make it a bit easier for you and act as a refresher.

Large employers (with over 20 employees) must complete the finalisation declaration by 14 July. Small employers (with 19 or fewer employees) have until 31 July to complete the finalisation.

If you cannot make an STP finalisation declaration by 14 July, you can apply to the ATO for a deferral.

If you have any questions, please get in touch and we can provide further assistance if required.

Single Touch Payroll refresher videos

Single Touch Payroll (STP) – Phase 2 Reminders (June 2023) (2 min)

Lori gives some reminders on STP Phase 2 to make sure you are compliant this EOFY.

Single Touch Payroll (STP) – Phase 2 Updates (August 2022) (3 min)

An update on the changes that came to Single Touch Payroll in Xero. 

Xero Payroll – Lori talks through EOFY ( June 2021) (8 min)

If you need a refresher, take a look at what you need to consider in Xero Payroll.

Payroll & Superannuation Update (April 2022) (13 min)

Lori talks STP – Phase 2, Superannuation Stapling and Superannuation Guarantee Changes – $450 Threshold removal.

Webinar EOFY Payroll (June 2020) (46 min)

Lori and Anthony take us through all the tips and tricks and advice relating to Xero End of Financial Year Payroll. This video is an in-depth demonstration of how to do EOFY Payroll in Xero.

All of these videos are for educational purposes only. These do not constitute personal advice. Contact our team if you would like tailored advice for your business.

Xero also have a plethora of resources relating to STP you can find here.

---

Published 29 June 2023.
The information provided in this article is general in nature only and does not constitute financial advice.