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29 Oct 10 TaxTime 2010

Tax Counsel Tamera Lang ATIA attended the final ATO Briefing for Tax Time 2010 on Thursday 28 October 2010. The ATO reported that processing has been proceeding well. It is expected that there will be a rush in the lead up to the 31 October deadline. The ATO has a contingency plan in place in case extremely large volumes of returns are received within short time frames. The ATO has advised that some client update forms are still being processed, and they should be completed in the next few weeks.  An online update on the progress of income tax returns processed since 1 July 2010 should be posted on the ATO website later today.

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