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ATO braces for ‘massive’ tax account migration

The ATO is currently planning to undertake a “massive” project that will move all activity statement and franking deficit tax financial information into the one ATO system.

ATO braces for ‘massive’ tax account migration
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ATO braces for ‘massive’ tax account migration

The Activity Statement Financial Processing (ASFP) project will see more than 17 million activity statement and franking deficit tax accounts move into the accounting system currently used for income tax.

Read more at the Accountants Daily

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