Single Touch Payroll Phase 2 (STP2) is a significant step forward in streamlining employer reporting to the Australian Taxation Office (ATO). It expands on the original STP framework by capturing more detailed employee and payroll information, helping government agencies deliver better outcomes for businesses and employees alike.
For employers, STP2 compliance means reporting additional data each pay cycle, including:
While these changes improve transparency, they also increase the complexity of payroll processing. Errors or delays can result in compliance risks and unnecessary stress for employers.
At Abcom, we’ve built STP2 compliance directly into our Payroll solutions. Our system ensures that all required fields are captured, correctly categorised, and reported automatically to the ATO each pay cycle. This reduces manual handling, minimises errors, and helps businesses remain fully compliant with legislative requirements.
We also provide clear reconciliation tools so that employers can match their submissions against payroll records. This ensures data integrity and allows issues to be identified and corrected quickly before they escalate. Our support team is available to guide clients through any STP2 queries, making compliance straightforward rather than overwhelming.
By integrating STP2 into the broader Abcom Cloud ecosystem, businesses also benefit from connected HR, rostering, and business intelligence modules. This means compliance doesn’t just protect you from penalties—it also drives efficiency and delivers greater visibility across your workforce and payroll costs.
Abcom simplifies STP2 so you can focus on running your business, not reporting obligations.