With 12 days to go, just half of Aussie small businesses are ready for STP
Twelve days out from the end of the tax office’s grace period for STP reporting, about half of small employers required to adopt the scheme have signed up.
ATO should interact more with accountants and less with small business, says Assistant Treasurer
Assistant Treasurer Michael Sukkar wants the ATO to be more engaged with accountants and have less, but more positive, interaction with small business.
How the Australian government stitched up its own tax office
Asked now to pat its belly while rubbing its head by administering the tax offset alongside STP, the tax office is still untying its hands.
Single Touch Payroll signups almost doubled in June, but more than 85% are still missing
Single Touch Payroll onboarding has seen the number of firms under the scheme almost double in a month, but many more are yet to make the switch.
Pay summaries out the window: ATO moves to quell confusion amid payroll changes
Pay summaries are being phased out with the introduction of Single Touch Payroll, and the ATO is taking a proactive approach.
‘What’s STP?’: Digital laggards still unprepared for payroll change, unaware they can defer
New research shows many micro employers are still not prepared for Single Touch Payroll, with most unaware they can apply for a deferral.
ATO single touch payroll wizard resigns less than three months from hard reporting deadline
The ATO has lost its single touch payroll program lead just months from the reporting deadline for hundreds of thousands of small businesses.
“Long way to go”: ATO ramps up single touch payroll campaign as soft deadline looms
With the election in the rearview mirror, the ATO is ramping up its single touch payroll campaign ahead of the EOFY soft reporting deadline.
“Alarming”: 70% of micro-businesses haven’t heard of single touch payroll as deadline looms
New survey data has sparked new concern about the implementation of single touch payroll reporting for micro-businesses as a soft deadline approaches.
ATO negotiates with big banks on single touch payroll solution as more than 300,000 SMEs lag behind
The ATO is negotiating with the major banks on a possible STP solution within online banking as it faces over 300,000 firms with no digital payroll.
Tax agents to spend “50% less time” on the phone to the ATO with new online portal
Tax agents are eagerly awaiting the rollout of a new online portal for ATO services which they say will allow them to deliver a better service.
Five tax tips for businesses looking to get ahead of the curve in 2019
The end of the financial year is only six months away and now is the time to start thinking about what tax time might look like for your business.
