Tag: ATO

Eleventh hour extension for ATO director IDs

Posted on   |  by Joseph Brookes
The Tax Office is giving company directors an extra two weeks to apply for its new compulsory director ID program, with around 700,000 yet to sign up ahead of...

Multinational tax crackdown on innovation loopholes

Posted on   |  by Joseph Brookes
The Tax Office expects to collect $250 million by cracking down on multinationals exploiting innovation and intangible loopholes to minimise their tax bill in Australia, while government tenderers will...

Business register overhaul gets $166m Budget lifeline

Posted on   |  by Justin Hendry
The federal government will top up the modernising business registers program with $166.2 million after accusing the Coalition of hiding a $1 billion cost blow-out during its time in...

Tax office wants to be ‘fully digitalised’ by 2030

Posted on   |  by Justin Hendry
A “fully digitalised” tax office remains eight years away, according to Tax commissioner Chris Jordan, who envisions a greater reliance on natural systems for sourcing real-time data. Mr Jordan...

Accenture’s business register bill at ATO nudges $200m

Posted on   |  by Joseph Brookes
The tax office is paying Irish-headquartered tech services giant Accenture more than $70,000 a day for work on its business register upgrade, with the company’s total bill for the...