A year ago the ATO issued ‘Single Touch Payroll Deferral Notices’ for clients with 20 or more employees. The new start date of 31/5/19 was described as a reasonable time to on-board and start Single Touch Payroll reporting. Clients face ATO penalties unless they start reporting on or before this date. In exceptional circumstances they can apply for a special deferral. But for most, 31/5/19 is just a few weeks away.
“We are sending our ATO Deferral Notice to both advisors and clients with 20 or more staff so they can see this is not a sales pitch by payroll software providers,” says Mike Rich, Co-Founder of Attaché Software.
“But the clients who really concern me are those with 19 or under employees, despite the ATO pushing the STP start date to on or before 30/9/19. In particular, those with old multi-user desktop systems who also face ‘end-of-lifecycle’ hardware and software issues. The recent Federal Budget instant write-off up to $30,000 will help everyone upgrade their hardware.
“For Sydney-based wholesalers and advisors, there is an independently run Technology Showcase on May 23 you might like to attend. About 20 providers of stock based medium business software will be there, plus expert speakers. If you enter ‘Attache’ as the promo code, entry is free: www.apps4wholesalers.com
“Regardless of where you are or the type or size of medium business, our new ‘Top 6 barriers to growth guide’ should help you address them all, plus there’s a cash flow improvement calculator and reasons why small cloud systems could send you backwards. A complimentary copy is available from our website: www.attachesoftware.com/guides
Mike Rich | Attaché Software
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- Medium business clients – ATO targets 20 or more employees - April 17, 2019