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.
Victorian government pledges $267.1 million in payroll tax relief but threshold still lags
The Victorian government has unveiled over $250 million in payroll tax relief, but has saved most of it for regional firms.
“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.
Billion-dollar but tax-free: Are SMEs paying more tax than Australia’s biggest businesses?
The ATO has released some numbers on the amount of company tax Australia's largest companies paid in 2016-17, sparking a conversation about how SMEs fare.
Superannuation crackdown for small businesses under new laws for dodgy operators
A crackdown on superannuation and changes to the Fair Work Act have been passed in the final sitting week for the year in Canberra.