With over 200,000 businesses on the platform, KeyPay is a leading ATO-certified STP reporting software. With KeyPay as a STP provider, ATO compliance has never been easier!

STP Phase 2 Overview

What’s changing with
Single Touch Payroll Phase 2?

STP Phase 2 will streamline reporting and save time by no longer requiring manual reporting to multiple agencies. Phase 2 will reduce the compliance burden for employers, outsourced payroll providers and individuals, so it’s important to have a comprehensive payroll solution that can handle the new requirements.

Free Trial
KeyPay - Single Touch Payroll Provider

Enjoy peace of mind over STP Phase 2 with KeyPay

Stressed about the ATO’s new requirements? As an Australian leader in compliance, we’re already working on the changes required for STP Phase 2. Some of the reporting requirements are already being rolled out in our software:

Tick icon

Mandatory termination reason reporting

Save time by selecting a termination reason from a dropdown list.

Tick icon

Voluntary reporting child support garnishee / deduction amounts

Opt to report via STP to eliminate the need for providing separate monthly reports to the Child Support Registrar.

Tick icon

TFN declaration reporting

Streamline processes by submitting tax file declarations via STP reporting. No need to manually lodge these with the ATO, as pay events will report every included employee’s tax information.

Tick icon

Disaggregation of gross & Phase 2 reporting

Easily assign payment classifications to pay categories via a dropdown list of pre-populated options.

Tick icon

Income types and country codes

Streamline reporting by assigning an income type (and country code, if required) for each payment made to an employee.

Keeping STP simple

KeyPay only requires 3 steps to set up STP for life to become a breeze each pay run:

Tax/BAS Agents reporting on behalf of clients

Tax & BAS agents Standing Authority

Tax/BAS Agents reporting on behalf of clients can request client authorisation to action and approve pay events directly within the platform. No external emailing back and forth is required and all client actions are recorded within the STP event. Additionally, if agents have a Standing Authority with their clients they can apply this authority against an event, thereby removing the need to request client authority for each pay event moving forward.

STP compliance

Our STP feature is housed in the same software as your payroll data, meaning that there is no manual handling required to import and export your payroll data onto a third party platform to complete the report. With KeyPay as your single source of data from pay runs to STP, never worry about reporting errors or corruption of data again!

No manual data handling is required with KeyPay’s Single Touch Payroll enabled software
KeyPay ensures your Single Touch Payroll is still successful if errors are encountered

Reduce the chance of STP errors

KeyPay’s pre-lodgement validation ensures you are significantly more likely to successfully lodge an event. Any issues found within the event relating to payroll data or employee/business details that will otherwise guarantee the lodgement to fail will be displayed and is required to be corrected prior to lodging.

What’s more, if a pay run mistake is accidentally made, you can create an ad hoc pay run to make the necessary adjustments and lodge a pay event. Alternatively, you can update payroll data via lodging an updated event as well.

Tools for you to succeed

Help is never far away with KeyPay! We fully equip you with the tools for you to succeed each pay run. Whether you’re setting up STP, transitioning from another STP provider, or embarking on End of Financial Year processes, our informative guides and helpful videos will get you up to speed in no time.

Document hosting
covid icon

COVID-19 Updates in KeyPay
Connect eligible businesses to JobKeeper payments

Learn more

Start Your Free Trial With Any Plan

Pay monthly for each active employee. Cancel or change your plan anytime.

$4 /mth*

KeyPay Standard

  • Flexible Payroll
  • Employee Self Service
  • Timesheets
  • Comprehensive Reporting
  • ATO Electronic Lodgements
  • Quarterly Super Processing
  • Single Touch Payroll
Free Trial

$6 /mth*

KeyPay Plus POPULAR

All 'KeyPay Standard' features
  • Pay Conditions Engine
  • Award Interpretation
  • Rostering
  • Time & Attendance Kiosk
  • Single Touch Payroll
Free Trial

Contact us for pricing

Partner

  • Fully Branded Solution
  • Reseller Pricing Structure
  • Second Level Technical Support
  • Custom Domain incl. SSL certificate**
Learn more
*Prices are per active employee per month, including GST. An employee will be considered ‘active’ when at least one of the following actions has been completed for that employee during a calendar month:
- Included in a finalised pay run (even if that pay run is subsequently unlocked)
- Has had an approved leave request                        
- Has had an approved expense request
- Has had a published roster shift
- Has had an approved timesheet
**Custom domain inc. SSL Certificate is optional and comes at a cost of $200 per annum.