The change
The ATO’s mandatory start date for STP Phase 2 was 1 January 2022, with transition arrangements and deferrals affecting some employers and software providers. Employers should use current ATO guidance when checking their own reporting obligations.
Where errors can develop
New allowances, changed leave categories and inherited pay codes can create inconsistencies between payroll calculations and reporting. A successful software submission should not be treated as evidence that every payment was classified correctly.
A useful review
Build a register showing each pay code, its business purpose, tax and super treatment, and reporting mapping. Reconcile year-to-date totals before finalisation and investigate changes made during the year. Retain the reason for each mapping and the person who approved it so future staff can understand the decision.
How SESAY can help
SESAY can document mappings, investigate variances and support year-end reconciliation. Reporting and lodgement activities are allocated according to the engagement and applicable authorisations.
Discuss your payroll requirementsOfficial sources & further reading
General information, current at the review date. Check the linked regulator guidance for your circumstances and any later changes. SESAY service scope and authorisations are agreed before commencement.