COINS Gets Tick of Approval from ATO for Single Touch Payroll Phase 2
COINS construction payroll software has been whitelisted by the ATO as Single Touch Payroll (STP) Phase 2 compliant.
The certification enables construction companies to easily comply with mandatory reporting of salaries and wages, pay as you go (PAYG) withholding and superannuation to multiple government agencies.
The mandatory start date for STP Phase 2 reporting is 1 March 2022, however, COINS has a deferral date of 30 June 2022 for its customers.
Construction payroll made simple with COINS
In an industry that employs multiple people in different departments with varying EBAs, salaries and entitlements, having a streamlined system to manage payroll - from a financial, operational and compliance point of view - is critical to organisational success.
COINS software is built specifically to meet the unique HR and payroll demands of the construction industry. Complex and risk averse requirements are simplified with standardised, flexible and accurate reporting while burdensome administrative tasks are eliminated.
- Time management
- Legislative compliance
- Reporting and analytics.
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- compliance management
- construction industry
- construction payroll
- hr and payroll
- mandatory reporting
- payroll software
- risk management
- single touch payroll phase 2
- stp phase 2