This presentation was given by Mark Jackson, ATO, at the Reckon Group Conference held at the Hilton in Sydney between 21-23 August. Find out more at www.ato.gov.au

1. Freedom - to increase
productivity
Mark Jackson| Deputy Registrar
Australian Business Register | AUSkey | Standard Business Reporting

2. Feedback from business

3. Institute of Chartered
Accountants estimated
Tax compliance is costing
the 1.7 million Australian
Small & medium businesses
$18.4 billion per year
(around $11,000 per
business)
Cost of tax compliance (2014)
www.charteredaccountants.com.au
Stenning & Associates /
KPMG
Survey of Tasmanian
businesses – estimate of
state based regulatory
compliance costs to
businesses $20 billion per
year.
State based regulation (2013)
www.business.tas.gov.au

4. Government
regulation is an
issue for
business
COMPLIANCE

5. Standard Business
Reporting
or
SBR

6. How SBR works
Your
client
Business
Software
Adviser
AUSkey
Government
agency
Forms and dictionary of terms
Your client picks the form that’s due
Gateway

7. What are the benefits for you?
1. You can work anywhere, anytime
2. It gives you more certainty:
• you will see a reduction in errors
• you don’t need to verify client’s information
• reporting requirements are clear and consistent
• you will received an automatic receipt confirmation
3. Your software updates legislation
changes

8. Other costs:
Estimated time
per lodgment#:
Software cost
Software cost,
portal instability delays
Software cost,
ECI application upgrades
Software cost,
media cost, postage
Postage, mmaannuuaall//ppaappeerr
record keeping
Case study - Comparative cost to business
SBR versus other submission channels
Example government reporting obligation – PAYG payment summaries
Standard Business Reporting (SBR)
0.15 million forms (16k lodgments) in 2013/14
Bulk Data Exchange (BDE)
2.6 million forms in 2013/14
Electronic Commerce Interface (ECI)
7.1 million forms in 2013/14
Media Information Processing Services (MIPS)
5.1 million forms in 2013/14
Paper
2.0 million forms in 2013/14
Payment Summaries created and
transmitted to the ATO directly through
SBR enabled business/payroll software.
Payment Summaries created as files
through business/payroll software
and then downloaded on to CDs,
DVDs, USBs. Posted into the ATO
with an additional form (EA),
providing supplier details, payer
details, identifier and validation
indicator.
Options for submission:
Channel ear marked for closure (no set date)
Payment Summaries created as files
through business/payroll software
and then transmitted via the
Business Portal or Tax Agent Portal
(secure website).
Download the ATO’s ECI software
and create Payment Summaries
through business/payroll software
and transfer via ECI application.
Hand write on approved NAT forms
(Payment Summaries and Payment
Summary Statement) posted into the
ATO. Print outs from
business/payroll software are not
accepted.
2 minutes*
10 minutes*
20 minutes*
40 minutes*
6600 mmiinnuutteess
(based on 3 employees)
* Irrespective of number of employees
# The time estimate includes the conversion of payroll information into the required format to produce the payment summaries
and submission of the forms to the ATO. It does not include the collection/collation of payroll data, nor housekeeping tasks
necessary to prepare for the production of payment summaries. NB. One lodgment can contain multiple forms.

9. The time is now …
• Encourage your clients to upgrade their
software
• Talk to your software provider about when they
will have SBR-enabled products available
• Visit www.sbr.gov.au for more information

10. Thank you
Web: www.sbr.gov.au