ATO faces pressure over 85% lodgement benchmark review
Tax & Super Australia (TSA) has called on the ATO to consider industry feedback on its 85 per cent on-time lodgement benchmark after a survey of 450 of its members found that 89 per cent of them said it caused them some degree of stress.
The 85 per cent on-time lodgement requirement is a performance benchmark that tax agents are expected to meet in order to retain access to the lodgement program, which can be revoked by the ATO if practitioners repeatedly post poor lodgement results.
Read more at Accountants Daily.
