With the Federal Budget just around the corner, the Government’s annual budget is once again under scrutiny. What will be cut? Where can the Government makes its savings? What worthwhile projects should taxpayers money be spent on? Where can waste be identified? Continue reading
One of the effects of the slimming down of the Australian Tax Office in the recent Federal Budget announcement, will be the need for the ATO to move its functionality online.
And the ATO is preparing for this switch. From April 2014, those who lodge PAYG Withholding Annual Reports, TFN Declarations, Annual Investment Income Reports, Quarterly TFN Reports and Taxable Payment Annual Reports will be getting messages from the ATO pushing them to embrace this online direction.
Save $1,000 and get help to meet ATO requirements
Impact Management Group (IMG) will waive the $1,000 initial set up fee for its newly released GovReports – iTax Portal, if registered tax agents subscribe before the end of January 2014 for 2014 ELS software for their individual tax return preparing practices. Continue reading