Featured
I
Australia·107d ago
Sample
Free
ATO Single-Touch Payroll Helper
Problem — Many Australian SMBs with 1-19 employees struggle with compliance to ATO's Single-Touch Payroll Phase-2, risking penalties that can soar to $1,565 per employee starting in 2024. For example, businesses are incurring Xero/MYOB overheads of $40/month that add unnecessary burden. Who feels it — The 800K Australian SMBs in this category face these compliance issues. MVP hint — The initial product will include a simple compliance dashboard that automatically tracks and reports STP submissions to the ATO. Why now — As the ATO enforces stricter penalties and regulations, the demand for compliance assistance is reaching a tipping point. Revenue — The pricing model is set at $19/month per SMB.