We are creating some awesome events for you. Kindly bear with us.

Public testing commenced for new service to simplify and speed up business registration in Australia

Public testing commenced for new service to simplify and speed up business registration in Australia

The Australian Government has commenced public testing of a new service to make registering your business easier and faster.
The new business registration service allows businesses to apply for multiple business and tax registrations at the same time online at business.gov.au. Key business and tax registrations are combined on one form. It also features an automatic business or company name check that lets applicants know if their proposed name is available before they register.
This has reduced the average time taken to register for an Australian Business Number (ABN) from over an hour to less than 15 minutes.
In addition to the ABN, new and existing businesses can apply for Business name, Goods and Services Tax (GST), Australian company, Pay as You Go (PAYG) withholding, Fringe Benefits Tax (FBT), Luxury Car Tax (LCT), Fuel Tax Credits (FTC), Wine Equalisation Tax (WET) and Administrator AUSkey.
The service also supports businesses to meet their obligations and avoid applying for registrations that they don’t need.
A phased approach is being taken to implementing the new business service. In the testing (BETA) phase, the government wants businesses to apply for their registrations and provide feedback on their experience so that the service can be improved. Over 35,000 registrations have been submitted since BETA testing began in April 2017.
The service is being developed collaboratively with the Department of Industry, Innovation and Science; the Australian Taxation Office; the Australian Securities and Investments Commission; and the Department of the Treasury.
The government is making the code for the service publicly available so the private sector can seamlessly connect their customers to business registration services and find innovative ways to meet their customers’ specific needs.
The federal government is also working with the states to join up registration and licensing services across jurisdictions to save business even more time and money. For instance, the government is working with Service NSW to link the business registration service with state systems to help make it faster and easier to start a café or restaurant.
More than AU$9 million has been allocated in the 2017–18 Budget to replicate the project for other business sectors, and in other parts of Australia. The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, said, “By providing a simpler, clearer way to register a business, we hope to save people starting a business an estimated $40 million each year.”
NSW Deputy Premier and Minister for Small Business John Barilaro said the NSW Government is dedicated to reducing red tape and making NSW the easiest state to do business.
Mr. Barilaro said, “Small Businesses are the backbone of the NSW economy with 710,000 businesses in NSW and employing almost half of the workforce. We are dedicated to ensuring small businesses can start up easily, be successful and continue to create jobs in our great State.”
NSW Minister for Finance, Services and Property Victor Dominello said the partnership provides small businesses with a 21st century one-stop shop service, dramatically reducing the piles of duplicative paperwork.
“Service NSW’s Easy to Do Business program has made life significantly easier for people wishing to start a café, restaurant or small bar by reducing the time it takes to start a business from 18 months to just three months. It is great to join forces with the Australian Government to slash red tape and duplication for small business,” Mr. Dominello said.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend