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Tax professionals have been urged to get clients to continue lodging as the ATO and the Treasury encourage businesses to return to a “normal rhythm”.
The plea comes as on-time lodgement performance for activity statements fell by 3.4 per cent below the ATO’s 2019–20 target, dropping below the 75 per cent mark for the first time in over a decade as the economic impact of the coronavirus pandemic and summer bushfires showed.
Read more at Accountants Daily.