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Showing 21 - 27 of 27 results for "Touch Payroll"

Intervention from trustees can address unpaid super: IFS

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... down on non-compliance by employers. The package of proposed reforms includes tougher penalties, extending single touch payroll to small business, increased super fund reporting, and legislation to close a legal loophole that currently results in workers ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... report contributions received more frequently to the ATO - at least monthly. There will also be the rollout of Single Touch Payroll (STP) where employers with 20 or more employees will transition to STP from 1 July 2018. Smaller employers will come on ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... require employers to pay super more frequently, and for the Government to green light small businesses in Single Touch Payroll, adding: "Without taking these extra steps millions of Australians will continue to be shortchanged billions in super, with ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
... recommends harsher penalties for deliberate and repeated acts of non-compliance by employers, and to expand Single Touch Payroll to all businesses. ISA public affairs director Matt Linden said the findings were a "wake-up call." "This is an issue that ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... problem is for superannuation guarantee payments to align with wage cycles. The government should also extend single touch payroll coverage to all employees or tighten enforcement and penalty regimes, he said. "Both the senate committee and an inter-agency ...

ATO payroll system tracking unpaid super

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
The Australian Taxation Office is tackling the growing $3.6 billion unpaid super problem with its Single Touch Payroll (STP) system that closely monitors employers' inability to pay superannuation entitlements, with the first phase due to roll out on ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... influence real-time payments in the banking sector, as another example of disruptive regulation, as is the Single Touch Payroll (STP) initiative. Sharp said STP has the potential for profound impact on the superannuation sector, as the way wages are ...
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