Accounting firms may review tax accounts in place of ATO

Summary

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 […]

Tags: accounting firms, ATO, external compliance assurance process, registered company auditors, tax compliance, taxpayers