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Dec 2022

Why you may never need to lodge a tax return again

By: Odyssey Uncategorised
Tags: Australian Accountant, Automation, compliance, Outsourcing, tax returns

Recently the Australian tax office postured that eventually there would be no need to lodge tax returns, as the ATO moves to a system of automatic data exchange which will end the annual lodgement requirements. Before we throw this thought as impossible, it’s worth considering Australia’s tax system versus other tax systems. In some other countries, the employer is responsible …