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Showing 11 - 20 of 27 results for "Touch Payroll"

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
The Australian Taxation Office will start using Single Touch Payroll (STP) system data to identify and warn employers on non-payment of super guarantee, according to ATO deputy commissioner James O'Halloran. Speaking at the 2019 ASFA National Policy ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... super guarantee base of ordinary time earnings, it said. ISA raises significant concerns about the ATO using Single Touch Payroll to increase transparency on wages and how effective the new compliance system is. The simple and most effective fix is for ...

Rice Warner predicts super fee-hike

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... changes will put pressure on the revenue of many funds, and their administrators," Rice Warner said. "The Single Touch Payroll process should help to reduce costs, but on balance, administrators will have lower margins. "Fees will need to rise to provide ...

Super fintech chief steps back

JAMIE WILLIAMSON  |  FRIDAY, 8 FEB 2019
... key objectives, InPayTech said, including the generation of greater income streams from ClickSuper and its Single Touch Payroll products and services. It is also looking to release SME payment service PayVu this month. The service aims to bridge the ...

Assistant Treasurer warns super funds to lift engagement game

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... find their owners." The Government is providing transparency on how much super has been paid via myGov and Single Touch Payroll. It is also putting changes in place so that when an employee joins a new workplace, the employer can log into the portals ...

Fintech introduces STP product

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
A fintech has met the Australian Taxation Office single touch payroll requirements and launched its latest product. ClickSuper STP is a product enabling employers to meet single touch payroll obligations by processing their STP data files via the ClickSuper ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... penalties and even jail time. Linden said while the draft legislation introduced enhanced penalties and extended single touch payroll to small businesses, it did not adequately address the scale of the problem. "The Bill does not reflect the changing ...

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
... build its cloud-based platform capabilities, embedding new functionalities to meet ATO requirements such as Single Touch Payroll (STP). SuperChoice chief executive Stuart Korchinski said the digital investment means the SuperChoice platform can quickly ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... ordered penalties, including up to 12 months imprisonment," O'Dwyer said. The legislation will also extend to Single Touch Payroll (STP) to cover all employers from 1 July 2019, where the reporting functionality will provide the ATO up-to-date information ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package. What previously applied to employers with 20 employees or more is now being extended ...