Small businesses grapple with the ATO's ‘biggest change since the GST’

Money removed from a till Canberra Source: AAP

Despite ATO changes coming into effect on Monday (July 1) many businesses say they're not ready to implement the new measures.

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When the new financial year starts on Monday (July 1) small businesses with fewer than 20 staff will face sweeping changes in the way they interact with the Tax Office.

SBS Small Business Secrets found, some owner-operators are struggling with the new system. And it’s smaller employers, called ‘micro-businesses’ that are expected to struggle most.

Businesses in remote areas with limited internet can apply for an extension. And there’s low- or even no-cost Single Touch Payroll-compliant software on the A-T-O website.