Quantcast
Subscribe to our newsletter

 

 

ATO details COVID-19 hit on revenue and lodgement targets

The ATO’s latest annual report has detailed the effects of the pandemic on its audit and debt collection activities, with the Tax Office collecting $13.7 billion against a performance target of $15 billion.

ATO details COVID-19 hit on revenue and lodgement targets
smsfadviser logo
  • Shared by Accountants Daily
  • October 23, 2020
share this article

The Tax Office had expected the target to be exceeded based off its results for the first six months to December 2019, before the summer bushfires and COVID-19 caused a rethink of its compliance approach.

Read more at Accountants Daily

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles