Tag · 2 stories
#Taxpayers
Locked ◆
ATO struggle to handle tax return demands
The Australian Taxation Office is being inundated by phone calls from taxpayers asking how much relief they can expect after the federal parliament passed personal income tax cuts laws tis week. But public sector union CPSU says the situation is not being helped by more than 6,500 jobs having been cut from the ATO in […]
Loren Webb · 2 min
Accounting ◆
Accounting firms may review tax accounts in place of ATO
An ATO pilot program – the external compliance assurance process – that allowed taxpayers to self assess has been named success and could be rolled out more widely. According to a Fairfax report, the program involving 56 companies with an annual turnover between $100 million and $5 billion, allowed the choice of using a registered […]
Daniel Jacobs · 2 min