Tax Office Electronic Lodgements

You know that regular piece of paper that you would receive from the Australian Tax Office (ATO) on a monthly or quarterly basis in regards to your Business Activity Statements or Instalment Activity Statements, as of July 1st 2014 you will no longer receive them anymore.

The ATO following the trends of other Government departments have embraced electronic lodgements to the point that you will no longer be able to lodge via the paper method. This is a landmark change of policy and a definite push for a reduction in costs from the ATO who are looking more and more to harness the capability of information technology systems to communicate with tax payers.

If you usually lodge via paper and aren’t sure how to proceed to fulfill your obligations or for more information contact us at Darcy Bookkeeping & Business Services.

 

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