08 May 09
ATO's Accounting Working Group (AWG)
Michael Payne-Mulcahy FTIA represented the Taxation Institute at the AWG meeting held in Sydney today, Friday 8 May 2009. In addition to updates on Tax Bonus payments, the PAYGI GDP uplift factor and the ATO's responses to recent natural disasters, the issues on the agenda for the meeting include:
- using the Portal to update financial account details;
- the impact of Standard Business Reporting on BASs;
- current issues and future enhancements to pre-filling; and
- Tax Time processing.