Single Touch Payroll
Single Touch Payroll (STP) is an ATO requirement for reporting payroll data, which allows you to report to the ATO directly from your payroll software at the same time as you pay your employees. You do not need to provide payment summaries to your employees for the payments you report through STP—instead, they can view their payment information online using their myGov account.
In 2022, the ATO expanded their payroll reporting system with STP Phase 2
See the Single Touch Payroll section on the ATO website for more information.