Getting Ready for Single Touch Payroll
STP – 1 May 2018 10am to 12 noon – For Employers
Single Touch Payroll is one of the biggest changes for businesses and their accountants since the introduction of GST in July 2000.
If you were in business at that time, you were probably apprehensive, maybe a little bit annoyed with the Government on forcing you to change the ways you did things, but it hasn’t all been that bad has it? We all survived and in fact, I think the changes to the ways business “kept their books” has been a godsend and so many benefits have arisen from a system that was “forced on us”. Single Touch Payroll is going to be no different.
There is no need to feel apprehensive or wary if you are well informed and prepared and this is exactly what my webinar is for.
Join me on 1 May for 2 hours from the comfort of your business premises or your home office, where I will cut through all the ATO jargon and explain Single Touch Payroll in easy to understand, practical and relaxed way. You will learn:
What is STP?
Why is STP being introduced?
How does STP work?
The STP start dates?
The STP headcount date?
Which employees you need to count and which you don’t?
Who is eligible for an exemption from STP?
Who is eligible for a deferral from STP?
What to do if your payroll software will not be ready by 1 July 2018?
What to do if you are not going to be ready by 1 July 2018?
What information will you need to report to the ATO under STP?
When do you need to report this information to the ATO?
What if you make a mistake?
Will the ATO issue penalties if you make a mistake?
Will you still need to issue annual payment summaries to your employees?
What are the other features of STP?
What will the ATO do with STP information it gets from you and other employers?
What are the benefits of STP to your business?
What are the benefits of STP to your employees?
At the end of the webinar, you will understand:
what STP is
how STP all works
the implications and benefits of STP to yourself and your employees
what you will need to do to get ready
Who is this webinar is for?
If you are an employer of up to 50 employees this webinar is for you.
I’m a Chartered Accountant and I’ve been a trusted advisor and confidante to thousands of small to medium-sized businesses for over 20 years. I had my own accounting practice for 18 years and these days I coach and mentor small and solo accounting practice owners. Through my blogging and advocacy work on the ATO’s Single Touch Payroll Readiness Working Group, I enhance the lives of accounting practice owners and their clients by educating, encouraging and empowering them to have better working relationships.
I am passionate about small to medium sized business and Single Touch Payroll. I personally believe that there are so many positives that Single Touch Payroll can bring to your business. Armed with what you will learn in this webinar, you will have “nailed” the basics and be very comfortable implementing and talking about Single Touch Payroll to your employees, bookkeeper and accountant.