Blog

ATO Christmas Closure

The ATO office will be closed for Christmas break Monday 24th December 2018 and will reopen on Wednesday 2nd January 2019. For those clients who would like their refunds (if applicable) prior to Christmas the ATO has advised that returns lodged before 7th December 2018 are more likely to be processed in time. Don’t forget…
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ATO extends data matching program

The ATO has announced it is extending its data matching program to include share data from ASIC. This will include details of the price, quantity and time of individual trades data back to 2014. It will be in addition to data that the ATO already receives from brokers, share registries and exchanges. This data will…
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ATO to SMS clients regarding incorrect bank details

The ATO has announced that it will be contacting clients via SMS if incorrect bank details were included in their tax return and they are entitled to a refund. The SMS will state that their the refund cannot be processed due to incorrect bank details provided and that they are required to contact the ATO…
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ATO confirms micro businesses not required to purchase payroll software

The ATO has confirmed that micro businesses (those with 1-4 employees) will not be required to purchase payroll software to be Single Touch Payroll (STP) compliant. The ATO is looking at alternate low (or no) cost solutions for these businesses, that are easy to use and not time consuming. Some possibilities that are being looked…
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