Sage has successfully completed the Australian Taxation Office (ATO) STP Certification process for our payroll solutions. This verified the compliance of our Sage MicrOpay and WageEasy hosted and on-premise software, Sage Business Cloud Accounting, Sage Outsourcing and Sage 300 Construction and Real Estate Payroll, with the ATO’s Single Touch Payroll Reporting requirements.
These requirements came into effect:
STP Reporting is designed to streamline business reporting obligations, enabling employers to report payments such as salaries and wages, pay-as-you-go (PAYG) withholding and superannuation information directly from your Sage payroll solution at the same time you pay employees. This means the ATO will have real-time access to Australian payroll data linking PAYG to Business Activity Statements (BAS) and Superannuation Ordinary Times Earnings Calculations.
Streamlined and automated reporting for pay-as-you-go (PAYG) withholding. You’ll be able to remit PAYG with each payroll event.
Reduce your admin by prefilling of W1 and W2 on the Business Activity Statement (BAS)
End of year will become smoother as you’ll no longer have to process payment summaries, part-year payment summaries or submit end of year reporting to the ATO.
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6th March 2020 |
Sage Payroll Conference in Brisbane. | |
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19th March 2020 |
Sage Payroll Conference in Melbourne. | |
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26th March 2020 |
Sage Payroll Conference in Sydney. |
Based on our involvement with the ATO STP Reporting Working Group, we have developed readiness checklists for you to use as a first step.
We understand how important the security of your data is, which is why we have completed a comprehensive review and implemented extensive measures to ensure your data is secure with Sage and our partner SuperChoice. The ATO has reviewed SuperChoice and granted ATO “Operational Framework” approval. As SuperChoice manages a “high volumes of taxpayer or superannuation records”, SuperChoice must meet the highest level of ATO Operational Framework requirements:
To find out more about the ATO Operational Framework, visit the ATO site for developers.
16th January 2020
Employers will voluntarily be able to report deductions related to child support from employee salary or wages through Single Touch Payroll if new draft legislation is passed.
8th January 2020
Small businesses are being urged to keep abreast of some key tax changes coming in 2020, with an accounting body warning they “can have a big impact on the way you run your business”.
30th December 2019
The ATO has renewed its commitment to making sure super is “visible, valued and owned” in 2020, naming consolidation of member accounts and reducing the incidence of SG non-payment as some of its key priorities for the coming year.
3rd December 2019
Employers have been warned they will never see a better deal for coming clean on unpaid superannuation than the government's amnesty bill, and its introduction will spell the end of excuses for non-payment.
28th November 2019
Employers filing multiple payroll records and an inability to finalise data in cases where incorrect payments have been made have emerged as common issues facing businesses coming to terms with single touch payroll (STP) reporting.
March 2019
In its 2019 Payroll Benchmarking Report, the Australian Payroll Association has confirmed: “Sage is the #1 payroll solution provider across all organisations surveyed by the APA.”
12th February 2019
The extension of Single Touch Payroll to employers with 19 or fewer employees has finally passed both Houses today after late amendments were tabled in late last year.
23rd January 2019
The ATO will begin to contact small businesses already using payroll software in a bid to get them to start Single Touch Payroll reporting before the 1 July deadline.
14th January 2019
…with a federal election on the cards, a suite of SME tax policies from both parties, and even more STP compliance to come, 2019 is shaping up to be just as disruptive, if not more so.
21st December 2018
The new payday filing legislation announced on March 1st of this year will bring with it several changes and requirements for those who do business in New Zealand.
11th December 2018
The tax office will gain an unprecedented view of small business superannuation payments after legislation extending single-touch payroll was agreed upon in the Senate last week, opening up new penalties for those who don't pay their workers the superannuation guarantee.
28th November 2018
Inland Revenue has become the country’s first big employer to adopt payday filing ahead of it being mandatory on 1 April next year.
14th November 2018
Australian small employers are beginning to move to Single Touch Payroll (STP) reporting, despite the expectation they won’t have to do so till July 1, 2019.
8th November 2019
The payroll processes will be getting more streamlined for business owners and payroll teams, as changes to the IRD's payroll information filing come into effect, simplifying the way employers file tax information for their employees.
23rd October 2018
The taxman is workshopping ways to help small firms without digital systems adopt single touch payroll (STP) in an attempt to get ahead of concern micro-businesses may find it difficult to adopt the new system.
12th October 2018
While Single Touch Payroll has sparked debate about efficiency and cost of electronic payroll, it has been claimed employers that are late in paying super contributions will “stand out in real-time”.
4th October 2018
The tax office has confirmed that it will not force micro businesses to buy payroll software, which had been a key concern over the impending rollout of Single Touch Payroll to smaller employers.
24th September 2018
Today, Sage announces further enhancements to STP Reporting and introduces Pegg smart assistant chatbot in the latest Sage MicrOpay and Sage WageEasy release!.
24th September 2018
To continuously improve security and in line with ATO’s recently introduced new framework requirements, Sage has implemented Multi-Factor Authentication. This is a two-step authentication process which adds another layer of security to Payroll Online accounts.
9th July 2018
"Sage took all the mystery out of the new ATO reporting requirements and provided us with lots of information prior to set up.”
1st July 2018
The Sage Payroll Outsourcing Service begins STP reporting for all relevant customers.
18th June 2018
Sage has successfully completed the Australian Taxation Office (ATO) STP Certification process, which verified the compliance of our Sage Construction and Real Estate software with the ATO’s impending Single Touch Payroll Reporting requirements.
18th June 2018
Today, STP-compliant versions of Sage MicrOpay On-premise were released.
18th June 2018
Today, STP-compliant versions of Sage WageEasy On-premise were released.
15th June 2018
Today, STP-compliant versions of Sage MicrOpay and WageEasy Payroll Online were released.
11th June 2018
11th June 2018
11th June 2018
1st June 2018
Today, STP-ready version of Sage ESS and New Starters functionality was released.
17th May 2018
There has been a recent announcement on Tax Agent Registration Requirements that may impact your business. For businesses that are providing a payroll processing service on behalf of another business and receiving a fee for the service may be required to be a registered agent. For details on whether your business is required to complete this registration please visit the website.
30th April 2018
Sage has successfully completed the Australian Taxation Office (ATO) STP Certification process, which verified the compliance of our Sage MicrOpay and Sage WageEasy software with the ATO’s impending Single Touch Payroll Reporting requirements.
28th March 2018
Accountants will play a pivotal role in the changeover to the single touch payroll system which takes effect in Australia from 1 July this year.
21st March 2018
The EOFY and STP Readiness Checklist is now available to our Outsourcing payroll customers, to help them be ready for May.
15th March 2018
Today, STP-ready versions of Sage MicrOpay On-premise and Sage MicrOpay Payroll Online were released.
14th March 2018
Today, STP-ready versions of Sage WageEasy On-premise and Sage WageEasy Payroll Online were released.
12th March 2018
Sage customers can choose between 1-on-1 Consulting support, classroom training and Online Webinar Support for their transition to STP Reporting.
20th February 2018
Sage payroll customers will learn about the changes impacting them, from the ATO, PwC, Employee Matters and Danny King Legal on Single Touch Payroll, FBT, Super Guarantee, Notifiable Data Breaches Scheme, GDPR and Accessorial Liability.
14th December 2017
While still waiting on the final ATO specification for STP Reporting, Sage releases a support resource for its payroll customers.
17th November 2017
Listen to the latest about Single Touch Payroll as well as questions put to the ATO and payroll industry experts.
