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STP audit activity to ramp up as ATO ditches ‘softly’ approach

The ATO’s “softly softly” approach to Single Touch Payroll will not last long, warns a tax expert, as clients are urged to revisit historical data before the Tax Office catches up to them.

  • Shared by Accountants Daily
  • October 09, 2019
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With Single Touch Payroll (STP) now mandatory for businesses of all sizes, BDO partner Ben Renshaw believes it will only be a matter of time before ATO audits increase as the agency begins analysing STP data.

Read more at the Accountants Daily. 

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