PRESS RELEASE: Small Business are you STP ready, the ATO says not yet!
The pressure is on at the ATO, they are marshalling their resources and sending their people into the market to educate and encourage micro and small businesses to get on board with Single Touch Payroll (STP).
According to the ATO, the number of small business reporting through STP has more than tripled from 100,000 to 350,000 as at 16th September. There is still a lot of work to done.
This is where Easy Payslip is doing its bit getting businesses setup and ATO complaint. Easy Payslip is a payroll solution for micro-sized and small businesses. It was the first payroll app in the market to have a fully stand-alone mobile technology that translates complex HR and payroll accounting system requirements into a simple app that employers can use wherever, whenever, and on whatever device they like.
“Small businesses still need to get a move along and embrace STP and become ATO compliant by the September 30 deadline. At Easy Payslip we are making this easy by educating our clients. We are running regular workshops, webinars and we have our local support team available to assist to educate micro and small businesses on how to get set up,” says Peter Nawn, chief executive officer of payroll app Easy Payslip.
“We are getting the message out there and our message is simple, getting STP ready and ATO compliant will only take 15 minutes to do with our Easy Payslip app. Our client support team speak to all our customers when they sign up, they tell us that they love having a simple solution to the STP challenge. Our app allows them to continue to focus on their business, and for as little as $8.80 per month, they are ATO compliant as well,” added Nawn.
ATO Assistant Commissioner, Jason Lucchese said, “it’s time to move to STP and small employers need to be taking steps to start reporting.”
“More than 425,000 employers are already reporting their employees’ tax and superannuation information through STP, but we understand all employers operate in slightly different ways and can sometimes be faced with unique challenges which can affect their payroll processes” added Lucchese.
Easy Payslip’s business is predicated on making it easy for small business to be ATO compliant by providing a best-in-market payroll app.
The Easy Payslip message to all small business that have not set up their payroll for STP, there is still time, the ATO’s approach will be flexible, reasonable and pragmatic, however not forever. o to the Easy Payslip web site or the iOS and Android stores and download the mobile app. There is a free 30 day trial of Easy Payslip go to www.easypayslip.com.au for more details.
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