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STP 'designed to work with, not against, business'

A key stakeholder in the development of the ATO’s Single Touch Payroll framework has sought to dispel many myths doing the rounds, and outlined how it has been designed to fit into existing employer processes.

STP 'designed to work with, not against, business'
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STP 'designed to work with, not against, business'

Matthew Addison, executive chairman of the Institute of Certified Bookkeepers (ICB), said that great care and effort has gone into the development of Single Touch Payroll (STP), and that the tax office has been consulting with a wide variety of stakeholders — including ICB, software providers and others — for at least the past three years.

Read more at MyBusiness.

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