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  • 2 March 2018

    The Tax Practitioner Stewardship Group meeting was held on Friday 2 March 2018.

    The information provided below is to assist professional associations to communicate key messages to members.

    Single Touch Payroll

    As employers, tax practitioners and digital service providers get ready for Single Touch Payroll reporting the ATO is preparing a suite of products to assist the community make the necessary changes to their payroll reporting. These have been co-designed with our industry readiness group, which includes tax practitioners.

    On 1 April 2018 employers will need to do a headcount to determine if they have 20 or more employees. On 1 July 2018 employers with 20 or more employees need to start reporting year to date figures for salary and wages, pay as you go withholding and superannuation liabilities on each pay event.

    There are a small number of employers now sending us their payday reports for Single Touch Payroll through five different payroll software solutions. The ATO is reviewing this data and providing feedback to the digital service provider to refine their processes before they roll out their payroll products to all employers.

    Tax practitioners are encouraged to keep informed by using the following resources:

    The ATO is holding webinars on Single Touch Payroll for employers, tax professionals and industry associations. The webinars are a short presentation followed by question and answer time. Tax practitioners and their clients can register to view webinars on the following topics:

    See also:

    • Tax practitioners can learn more about Single Touch Payroll and other topics at one of our Open Forums.
    • You can follow Single Touch Payroll project leader John Shepherd on LinkedInExternal Link.

    Superannuation

    Tax practitioners can stay up to date with daily, weekly or monthly email updates from the ATO on super related matters when you subscribe. You will receive an email from the ATO when the super website pages are updated. Select the type of information and how often you would like to receive it, and then click the 'subscribe' button at the end of the list.

    The Small Business Superannuation Clearing House (SBSCH) is available in the Tax and BAS Agent Portals. This webinar recording guides tax professionals through the SBSCH.

    The ATO website has some helpful videos for businesses and employers to explain how to access the SBSCH and how to give staff members access to the SBSCH using the Business Portal.

    For a detailed update on the current issues for self-managed superannuation funds, refer to this speech ‘The Regulatory Outlook for SMSF’s’ given by Deputy Commissioner James O’Halloran in February 2018.

    See also:

    Tips and links

    Check for the latest tax-related scam alerts. Be wary of emails, phone calls and text message claiming to be from the ATO.

    You can now make a verbal request to set up direct debit payment plans for your clients.

    More information

    Tax practitioners can obtain more information on these topics from the professional association representatives. Tax practitioners should contact their representative to contribute items for future discussions.

      Last modified: 14 Sep 2018QC 27350