ATO reporting using Single Touch Payroll. Tony Gold SuperChoice Services Pty Limited

Transcription

1 ATO reporting using Single Touch Payroll Tony Gold SuperChoice Services Pty Limited

2 Employer Briefing - Single Touch Payroll From July 2018 for large employers: Employers to report salary or wages, PAYG withholding and super information directly to the ATO at the same time they pay their employees ( pay event ) From July 2019 for small employers To come: Streamline employee on-boarding by automating the TFN Declaration and Super Choice form Commercial in Confidence

3 What will STP achieve? Employer streamline the process of reporting to the ATO ATO will pre-fill the BAS (W1 and W2) for employers removes EOFY requirement to produce payment summaries and payment summary annual report simplifies TFN declaration and super choice information grace period - the ATO will not penalise employers in first 12 months Employee visibility via mygov of YTD salary and wage income PAYG withholding amounts super guarantee contribution new employees will have option of online TFN declarations and Super Choice forms ATO more data and more timely earlier visibility of employers meeting their PAYGW and SG obligations

4 How reporting will change for employers? Reporting method Current Separate process from payroll production via ECI, SBR Future using Single Touch Payroll Direct from BMS as part of payroll processing via SBR2, each payroll run Timing of PS and PSAR Annually No longer applicable if reporting via STP Deadlines Employees reported Payment Summaries Super Contributions Transaction Report PS by 14 July PSAR by 14 August Any/all employees paid in financial year Employers provide all payment summaries to employees Data/payment sent only to super fund/clearing house Pay Event: On or before pay day Final Declaration: via pay event or update event by 14 July Pay Event: Only employees paid in that pay period Update Event: Only employees that require adjustment to their YTD data Payment summaries accessed from mygov including INB, ETP, FEI & BPSI SG amount included in STP report. Funds will report to ATO on contributions received from employers Optional onboarding TFN declarations sent to the ATO by the employer Employees can submit their TFN declaration, Super Choice, Withholding Variation, Voluntary Agreement and Withholding Declaration Information to their employer via mygov or other online service Commercial in Confidence 4

5 Single Touch Payroll - Ready? Commercial in Confidence

6 Payroll Providers Cloud or Bureau Single version Integrated STP experience direct to ATO at push of a button Develop messaging v partner with specialist On-premise / desktop Usually multiple versions - integrated STP difficult Typically provide file extract for upload to a portal Portal provider does the messaging transforms the STP data to XML, SBR2 and submits to ATO STP reporting history and ATO response messages are hosted via the employer portal Designing for electronic payday reporting is complex create and manage the messaging SBR2 (ebms/as4/xml) 100s of payroll products x 1000s of variations in employer setups Many payroll providers will partner with messaging providers to support different STP solutions for employers

7 What do employers need to do to get ready? Solution Will your service provider be able to provide STP solutions? STP extract from payroll complete and correct Create and send SBR2 messages to ATO Manage messaging interaction with ATO errors, retry / replay, responses Error and response information to the employer Payroll solutions - software, bureaux, book keeper Superannuation solutions - employer portal, clearing house Organisational Change Management Coordination and Timing Will you make the date? Who is coordinating service provider/s? Who is communicating with ATO? Who is affected? Payroll Finance? Employees Communication Training ATO has recognised that there are a number of payroll providers that may not be able to deliver STP enabled products to market by 1 July 2018 Commercial in Confidence 7

8 Single Touch Payroll - SuperChoice solution Commercial in Confidence

9 About SuperChoice Specialists in secure electronic data interchange payrolls, super funds, banks and ATO SuperChoice currently has in place Transaction Portals for Employers to submit Super Sophisticated data validation, enrichment and transformation routines SBR2 / ebms AS4 data interchange between employers, funds and ATO Associated payments processing supported via direct debit or direct credit Councils currently submit super using SuperChoice technology (EPAY) SuperChoice will leverage portals and messaging capability for Single Touch Payroll Payroll Data Super Funds ATO Commercial in Confidence 9

10 The data flow Commercial in Confidence 10

11 The data flow Payroll Data Export CSV / XML JSON/ XML Direct no hands Upload SBR2 (ebms / XML) Commercial in Confidence 11

12 14 Some common questions