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."