Cpa Australia Podcast

With Interest: Should tax time be delayed?

Informações:

Synopsis

The ATO recently disclosed that more than 180,000 tax returns, or around 4 per cent of the 4.5 million tax returns filed in July, were either manually reviewed by an ATO employee to verify claims and/or adjusted by the ATO. The ATO has pointed the finger squarely at early lodgments as the culprit for the high number of returns which needed reviewing or fixing. Does it make more sense to delay the start of tax time? Listen now.