Institute of Certified Bookkeepers
Making you Count
Single Touch Payroll, processes
A Business Perspective
Institute of Certified Bookkeepers
Making you Count
Concept
“A” STP is a good thing
STP is not new, it is the evolution
ATO recognising what is possible
Institute of Certified Bookkeepers
Making you Count
Employers say….
to Software companies
• Keep it simple
• Facilitate my easy business process
• STP to government should be irrelevant
Institute of Certified Bookkeepers
Making you Count
Employers say….
to Government
• Keep it simple
• I already do payroll – don’t make it
harder
• Talk to the software companies
• Why?
Institute of Certified Bookkeepers
Making you Count
OnBoarding
myGov
“Retail” “Authorised Prefill”
ATO  Employer BMS
BMS: Employee Portal
BMS: Employer
“Wholesale”
BMS: OnBoarded
ATO
Institute of Certified Bookkeepers
Making you Count
BMS: Payrun
Pay Calc
BMS: Report to ATO
Pay Slip
Bank Instruction
Accrue PAYGW
Accrue SGC
Institute of Certified Bookkeepers
Making you Count
BMS: Payment Event
1. Activity Statement
– PAYGW paid and allocated
2. SuperStream Payment
– Message to ATO aswell
Institute of Certified Bookkeepers
Making you Count
ATO compliance
Payrun
– PAYGW Accrued to PAYGW Balance A/c
(No payment information – chase it)
Payment Due
– Balance moved to ICA (internal ATO)
Payment Made
– Offset Balance
Institute of Certified Bookkeepers
Making you Count
Authority to ……
STP system must be consistent with
TAA etc etc
TASA
Software must ensure authorisation process
?is the law being changed
– form submitted to the ato
Institute of Certified Bookkeepers
Making you Count
ATO
Ask the questions if you have any
Chase the crooks
Where is FairWork?
Institute of Certified Bookkeepers
Making you Count
Business Perspective
Keep it Simple
Natural Business Systems
Make me effective
Institute of Certified Bookkeepers
Making you Count
Business Perspective
Unconvinced
Why?
No more payment summaries
-Efficient OnBoarding (one step)
-Level Playing Field (I need to see it)
Deregulation / reduction in Red Tape
Please Don’t
ATO Certainty that it is good for me
-Create a new system or a new form
Less and Less and Less Employment