STP is one of the biggest changes to payroll reporting processes this decade, and BusinessHub is well-placed to assist you
with a smooth transition.
We have implemented one of the most MYOB EXO Employer Services and Advanced People sites in Australia, and we are working closely with MYOB (including participating in beta trials) to make your transition to STP reporting as smooth as possible.
Whether you are required to comply with the new Single Touch Payroll reporting process from 1 July 2018 or you are an early adopter, there are benefits for using the STP reporting process.
Ease the EOFY time crunch. No more payment summaries for employers who start submitting by STP before year end.
W1 and W2 values will be pre-filled on the Business Activity Statement (BAS) of employers who submit by STP*.
*Pre-filling expected to commence from July 2019
Employees can access their current YTD pay information via the mygov portal.
For the latest news and updates on STP, go to News & Events
We will be enabling our supported MYOB Exo Employer Services and MYOB Advanced People clients for STP reporting from May 2018.
Our 6-step STP Transition Program* for supported clients is outlined below, subject to the
Conditions. You can access more help by requesting our STP Readiness Guide and STP Transition Services.
To transition to STP reporting using our STP Transition Services this financial year, book your STP Transition Session as soon as possible as places are limited.
Program materials can be accessed via the ‘Single Touch Payroll’ section of the Client Portal.
Upgrade and configure your STP software functionality and then process your first pay event.
*All requests for documents or services relating to the STP Transition Program constitute an offer by you, and BusinessHub may accept or reject that offer or introduce further conditions at its discretion. The information, services and documents set out or referred to above are subject to variation or withdrawal at any time by BusinessHub without notice. We accept no responsibility for the content or use by you of any third party websites or information referred to above. You acknowledge and agree that our STP Transition Program and all related information, documents and materials are not intended to be comprehensive and do not include legal, accounting, financial or taxation advice, which we recommend you obtain so you can comply with your STP reporting obligations.