Accounting & Bookkeeping
Payroll Processing & STP Reporting
Payroll is one of the most time-sensitive obligations a business has. PHC & Associates processes your payroll accurately and on time — every pay run — and handles all Single Touch Payroll reporting, leave management, and year-end finalisation so you stay compliant and your employees are paid correctly.
1000+
Clients Served
CPA
Certified
Cloud Based
Real-Time Access
What's Included
Everything Handled for You
Processing of weekly, fortnightly, or monthly pay runs
Ordinary hours, overtime, allowances, and penalty rate calculations
Leave accrual and balance management (annual, personal, long service)
Single Touch Payroll (STP) Phase 2 reporting to the ATO
PAYG withholding calculations and BAS reporting
Superannuation guarantee calculations — see Service 05
Payroll summaries and employee payslip distribution
Year-end STP finalisation and income statement submission
New employee onboarding (TFN declarations, super choice forms)
Termination pay calculations including unused leave entitlements
Why It Matters
Why Payroll Accuracy Matters for Your Business
Payroll is one of the most legally sensitive obligations a business has. Errors — even unintentional ones — can result in ATO penalties, Fair Work claims, and serious reputational damage. Getting it right every time is not optional.
Legal Obligation
Employers are legally required to pay employees correctly and on time under the Fair Work Act and relevant Modern Awards. Underpayment — even accidental — can result in significant back-pay claims and penalties.
ATO Compliance
PAYG withholding must be calculated correctly and reported via Single Touch Payroll at every pay event. Errors trigger ATO scrutiny and potential penalties.
Employee Trust
Nothing erodes employee confidence faster than payroll errors. Accurate, on-time pay keeps your team focused on work — not chasing HR about missing money.
Super Guarantee Obligations
Superannuation must be paid on ordinary time earnings. Missed or underpaid super results in the SGC charge — which is not tax deductible and carries significant penalties.
STP Phase 2 Compliance
STP Phase 2 requires detailed disaggregation of payroll data reported to the ATO. Non-compliance risks fines and ATO audit activity.
How It Works
Your Step-by-Step Process
A clear, repeatable process so you always know what to expect.
Employee Setup
New employees are set up with correct tax, super, and award details.
Hours Submitted
Timesheets or approved hours are provided before each pay run.
Payroll Processed
Pay is calculated, payslips generated, and amounts confirmed with you.
STP Lodged
Each pay event is reported to the ATO via STP on or before pay day.
Super Calculated
Super guarantee amounts are calculated and prepared for lodgement.
Year-End Finalisation
STP finalisation submitted — employees can access income statements via myGov.