Share your ideas for improving the new AccountRight. Vote on ideas and discuss them with the MYOB product development team.

AccountRight

Lodging TFN Declarations online in STP

2Posts

16Kudos

0Solutions

2 Posts
User
New
New

I would really like to be able to submit my New Employees Tax File Number Declarations Online in possibly the STP section of MYOB Accountright. 

I see theres a new Attachment section in the Card File for Employees - so have added their TFN Decs here, but will the ATO see this? 

 

I am currently employing another 15- 20 new employees each year and having to post them all (individually) via snail mail seems archaic, especially now there is STP. Currently MYOB and ATO have informed me there is no such thing available using Accountright, so Please Please consider adding this simple but very effective means of getting New Employees TFN Decs to the ATO and not having them get lost in the post.

 

Thanks.

5 Comments
JK2
7 Posts
User

I couldnt agree more with this but to take it the next step....we have looked at using the MYOB Team app - the employee can update their personal details, tax and superannuation.  You would think as this links directly to MYOB Payroll, that this could be used instead of issuing hardcopies to new staff.  It eliminates incorrect data entry by data entry staff and saves time processing paperwork.

 

Xero has had the ability to at least lodge TFN declarations for a few years so MYOB should be able to have this function through the STP.

 

I think this a a pretty important upgrade!!!!!!!!!!!!

 

Come on MYOB!!

yellina
1 Post
Cover User

Hi, 

 

In our business, we still send ATO paper-based TFN forms. As of today, I don't think MYOB Account right has a provision to update ATO with TFN numbers. 

 

Thank you

Hari Yellina. 

MyAccountsHat
Experienced Cover User
37 Posts
Experienced Cover User

Seconded. It seems counterproductive that we have to do this 'the old fashioned way' when we have to enter all the information included on the tax file number declaration on the employee record in any case. 

HWSKAL
2 Posts
User

1000% agree with this.  When our business was smaller we used simple accounting software called cashflow manager. Even they had the capabilities to lodge TFN electronically. Was so much more convienient. Would love MYOB to add this feature.

Trevor_H
Valued Partner
207 Posts
Valued Partner

Hi All

 

The introduction of STP 2.0 from the 1 January 2022 will do away with the need to lodge TFN Declarations with the ATO at all.

 

Whilst this would have been a good piece of functionality it will soon be not necessary.