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Showing 1 - 10 of 47 results for "STP"

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... according to KPMG. APRA's latest heat map performance test and new regulations, such as the superannuation transfer planning (STP) and recovery and exit planning, require funds to have a plan in place for transferring members and exiting the market ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... Australia, Queensland and Australian Capital Territory are already participating in a trial data transfer to understand how STP data can deliver benefits to their payroll-tax clients, he noted. Meanwhile, by mid-2024 systems will be developed to ensure ...

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... rose to 20.5% after the consortium it's a part of took full ownership of the motorway. The Sydney Transport Partners (STP) consortium purchased the remaining 49% interest or $11.1 billion from the New South Wales government, adding to its initial ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... guarantee charge statement with the ATO as soon as possible." The spokesperson added that introducing Single Touch Payroll (STP), together with super funds' reporting obligations, have increased the ATO's ability to identify employers who are ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... an application has been processed to ensure the integrity of the program." The ATO said through the Single Touch Payroll (STP) system it has real time information as to whether individuals are employed and how much they are being paid. "Our compliance ...

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 ...

Aussie fintech names new chief

KRISTI CHENG  |  MONDAY, 12 AUG 2019
... privilege to lead the company as it plans for growth through the release of PayVu and the delivery of Superstream, Gateway and STP services to a wider market". InPayTech is the parent company of PayVu, a service that aims to bridge the gap between accounting/payroll ...

Fintech introduces STP product

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
... 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 ...

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
... 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 be ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... 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 about ...
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