Wondering how to get STP ready?
If you are using Xero:
- In the Payroll menu, select Single Touch Payroll.
If you don’t want to opt in right now, close the message by clicking not now.
- Click Opt into confirm.
- Review your organisation details. If necessary, click Update Organisation details. Xero will redirect you to the Organisation details Otherwise, click Continue.
- To connect your Xero account to the ATO, call the ATO on 1300 852 232.
- Provide the ATO with the proof of ownership listed in Xero’s prompt, including your Australian Business Number (ABN) and Software ID (SSID).
- Select the checkbox to confirm you've contacted the ATO to connect your Xero account
- Click Register.
Xero will redirect you back to the Pay employee’s page. You’ll now see an STP filing column in the Pay Run History table.
For more info: https://central.xero.com/s/article/Set-up-Single-Touch-Payroll-STP
If you have not set up your business with payroll for closely held employees, you will need to setup your organisation prior to getting STP ready.
For more info: https://central.xero.com/s/article/Prepare-for-payroll-AU