Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETax office's data-matching highlights $53 million in tax return errors as ATO tells taxpayers to take more care
Over 110,000 tax returns have been corrected by the Australian Taxation Office (ATO) prior to tax refunds being issued thanks to new data-matching software at the tax office providing more scrutiny than ever before.
The ATO recovered over $53 million in tax thanks to the correction of 112,000 errors in taxpayers’ tax returns, and while the tax office notes the mistakes are only small, assistant commissioner Kath Anderson says “unfortunately” many are still getting it wrong.
Read the full article at Smart Company.
Previous
BCA initiates review into payment code
Next
Tax cut alternatives floated amid Senate stalemate
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE