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17 Sep 10 Tax Time 2010

Tax Counsel Tamera Lang ATIA, Angie Ananda FTIA and Deepti Paton ATIA attended the ATO Briefing for Tax Time 2010 on Thursday, 16 September 2010.

The ATO has advised that they are not facing any major issues with their daily processing of returns. The ATO has experienced its busiest processing month ever in August 2010, with more than 3.5million assessments issued (more than one million more than the previous highest month).  

The ATO published a comprehensive update on 2010 processing which tracks electronic lodgement processing performance against the 14 day service standard. Whilst the latest statistics show that 94% of electronic returns received during the fortnight ending 31 August 2010 were processed within the 14 day service standard, we know that some of our members continue to experience delays or issues.  The Tax Institute can liaise with the ATO to assist members resolve these issues.  Therefore if you are experiencing problems and are willing to provide specific details please email us at Tax Policy.

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