Single Touch Payroll Phase 2

Single Touch Payroll “Phase 2” was formally introduced and rolled out by the ATO on the 1st January  2022. Since that time the ATO has granted blanked extensions to many accounting software packages while they updated their systems and packages to conform with the new payroll reporting requirements.  

Xero has finalised its updates and rolled out the new settings in their software program, all payroll subscribers need to have updated their employee records, pay items, allowances, and leave categories by the 31st March 2023.  

Xero have published a very comprehensive 8 page guide that will help you navigate the transition in your Xero file.  Follow this link to download the guide.

However if you would rather poke your eyes out than update payroll settings don’t hesitate to contact our fantastic team at MKG Partners – we are ready and waiting to complete the transition quickly and efficiently.

 

Save valuable time and your sanity – contact our bookkeeping team today.

About MKG Partners

MKG Partners is a well- established practice located in the Southern suburbs of Perth. Our mission is to be a trusted advisor on matters concerning Personal and business taxation, Business Advice, Planning and Assistance, Superannuation, Corporate Compliance and Financial Planning

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MKG Partners Locations

PERTH OFFICE
24 Augusta Street Willetton WA 6155
Phone: +61 8 9354 6500
Email: admin@mkgpartners.com.au

MALAYSIA OFFICE
Sunway Metro, 24-1, Jalan PJS
11/28, Bandar Sunway, 46150 Petaling Jaya, Selangor
Email: admin@mkgpartners.com.au

About MKG Partners

MKG Partners is a well- established practice located in the Southern suburbs of Perth. Our mission is to be a trusted advisor on matters concerning Personal and business taxation, Business Advice, Planning and Assistance, Superannuation, Corporate Compliance and Financial Planning

MKG Partners Locations

PERTH OFFICE
24 Augusta Street Willetton WA 6155
Phone: +61 8 9354 6500
Email: admin@mkgpartners.com.au

MALAYSIA OFFICE
Sunway Metro, 24-1, Jalan PJS
11/28, Bandar Sunway, 46150 Petaling Jaya, Selangor
Email: admin@mkgpartners.com.au

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