ARE YOU STP READY?

Hello there,

I have been working on understanding the STP phase 2, but it has been uphill task as I am busy with other management work. My bookkeeper has been helping me with the details and the implementation. We have understood the way of reporting through STP for phase 2 and have been speaking to our digital service provider about the update in our software. We will be suing the deferral offered by the ATO as the update might not be available by January 2022. However, we are prepared and have informed the employees about the second phase as well. If you too are worried about preparing for STP, look at the article shared below.