Which accounting packages will provide Standard Business Reporting (SBR) enabled software?

From 1 July 2010, software developers are progressively SBR-enabling their products. Contact your software developer to find out which of their products will be SBR-enabled, and what forms will be included

Alternatively you can find a list of registered SBR-enabled software at SBR Enabled Products.

Has there been any harmonisation or discussions between State and Territory Revenue Offices (SROs) in regard to SBR?

There is an ongoing effort across all SROs to align and harmonise payroll tax policy, processes and systems. However, given that payroll tax is a State-based tax, there will likely be continuing differences driven by different economic and legal frameworks, in different states. Harmonisation discussions will continue to be a high priority between the SRO’s before, during and after the implementation of SBR.

In the meantime, SBR has developed a single set of definitions of the information being reported to the 12 participating agencies, including SROs. These definitions have been assembled in a taxonomy, which has been developed using a standards-based reporting language, and using a technology known as XBRL (eXtensible Business Reporting Language).

By harmonising the reporting terms across government SBR has reduced the number of data items on more than 80 forms across the 12 agencies from 9,648 to 2,838, which business would otherwise have to assemble, analyse and report to government. This is a reduction of 71 per cent. It leaves 2,838 items of data that cut across the reporting forms currently in SBR scope, including financial statements, superannuation, income tax, payroll tax and business activity statements.

How long will existing SRO lodgement channels continue to be available?

All existing SRO lodgement channels will continue to be available for the foreseeable future. SBR is being offered to SRO customers as an alternative channel.

Will all SRO’s now have the same due date?

The due date for lodgement of Payroll Tax June or Annual Adjustment returns for each SRO will remain the same as the current due dates.

In the Territory this will remain as the 21st day of the month.

Do I still need to lodge separate returns for each of the SRO’s?

Yes

Will I be able to update my other payroll tax details through SBR?

No. To update registration details, including contact information, you will need to login to INTRA.

What system configuration do I need to use SBR?

  1. Your accounting software will need to be enabled for SBR use
  2. Users of the software who lodge forms will need an AUSKey.

Specific configuration will depend on your financial reporting software. Please check with your software provider.

Who do I talk to for help with software problems?

For problems with your software contact your software provider directly. If your software is reporting a problem with the SBR channel, contact the SBR Service Desk on 1300 488 231 between 8.00 am – 5.00 pm AEDT or email at SBRServiceDesk@ato.gov.au.

Does TRO recommend using SBR enabled software over using INTRA?

No. It is up to you to choose which channel best suits your needs.

Will TRO set-up my SBR enabled software for me?

No. For problems with your software contact your software provider directly.

What do I need to do to set up my SBR enabled software?

In addition to installing your SBR-enabled software product, you will need to;

  1. Obtain an AUSKey for all staff who will lodge forms via the SBR channel;
  2. Ensure that all staff who lodge Payroll Tax returns in the Territory have an INTRA account; and
  3. Have linked their AUSkey to their INTRA account by login to INTRA using your INTRA account and electing to link their AUSKey.

What will it cost me to use SBR?

SBR is a free online channel provided via your accounting financial software package.

Any associated costs depend on what you need to do to upgrade your current financial reporting software so that it is SBR-enabled, including whether you need to purchase new software.

What is the point of using SBR if I don’t employ staff outside of the Territory?

Even if you don’t employ staff in other States or Territories, you can benefit from SBR because it provides you with:the ability to use business software to automatically auto-fill forms;

  • the use of a single reporting language, based on international standards and best practice;
  • the ability to create financial reporting as a by-product of natural business processes;
  • an electronic interface to other agencies directly from your business software;
  • a single secure sign-on, AUSkey, for you to report electronically to all of the SBR participating agencies; and
  • SBR also works with a range of other business reporting forms including forms from the Australian Taxation Office (ATO), the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).

How do I get more information about the SBR Program?

You can learn more about SBR at http://www.sbr.gov.au, including working through the SBR online training modules at http://www.sbr.gov.au/Learning.aspx, or trying the online demonstrations.

You can contact the SBR Program via:

Email: sbr@treasury.gov.au

What date will I be able to lodge my payroll tax returns through SBR?

From 1 July 2010, SBR will be available as an alternative channel to INTRA for the lodgement of Payroll Tax Monthly or June and Annual Adjustment returns.

The 2009-2010 Payroll Tax Annual Reconciliation cannot be lodged via SBR-enabled software.

However, the 2010-11 Payroll Tax Annual Reconciliation will be available for lodgement through either SBR or INTRA.

What Are The Benefits Of Using SBR As Opposed To Using INTRA?

SBR benefits include;

  • pre-fill of Payroll Tax forms from your own software; and
  • the use of a single secure sign-on, AUSkey;

Setting up an AUSkey and linking it to your INTRA user name does take time, but this is a once only process.

Can I use SBR or INTRA for lodging my Monthly or June and Annual Adjustment returns?

Yes, you can use SBR or INTRA interchangeably.

What are the differences between INTRA and SBR?

SBR will enable you to lodge your Payroll Tax Monthly or June and Annual Adjustment returns directly from your financial accounting software. However, to make payments utilising the direct debit facility you will still need to logon to Northern Territory Internet Payment Gateway (NTIPG) or if you need to update current contact details about your business, you will need to logon to INTRA.