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03 Mar 10 Latest update on new processing system from Second Commissioner David Butler

On 2 March 2010, Second Commissioner David Butler issued an update on the new processing system. In brief:

  • The ATO has processed around one million income tax returns using the new system, including all stockpiled returns and returns received up until the end of February.
  • Refunds and assessments have progressively been issuing since mid-February.
  • From now on the ATO is back to its normal processing service standards.
  • Notices of assessment and statements of account have changed.

Mr Butler concludes his update thus:

"Our thanks also to the tax profession for their input, advice and patience throughout this process. We appreciate their efforts to complete and lodge their clients 2008-09 returns and look forward to working with them again as the 2010 tax time period fast approaches."

 


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