You have 0 free articles left this month.
Register for a free account to access unlimited free content.
Powered by MOMENTUM MEDIA
accountants daily logo

ATO continues to push myTax

Tax

After a record year of online lodgements, the ATO has stressed to those yet to adopt myTax that they will not regret it.

By Mitchell Turner 8 minute read

According to the tax office, 1.7 million taxpayers had submitted their tax return via myTax in 2015, a year which marked the 100th anniversary of the tax return in Australia.

“The tax return may be over a hundred years old, but the technology used to lodge today certainly isn’t. We’ve worked hard over the past few years to make submitting a tax return easier, faster and more convenient. MyTax is the result of all this work,” said Graham Whyte, ATO assistant commissioner.

Figures from the ATO revealed that users of myTax and e-tax within Australia corresponded to three million taxpayers, a five per cent increase since 2014.

“Anecdotally, we think this is down to people gravitating towards a product they’re familiar with,” Mr Whyte stated.

Despite a year of record figures, Mr Whyte urged those taxpayers who are yet to adopt the online services on offer.

“Interestingly, we saw a number of Australians who were eligible for myTax still opt to lodge using e-tax.

“Next year give myTax a shot – you won’t regret it,” he added.

Although the official deadline for self-lodgement recently passed, Mr Whyte noted that it was never too early to begin thinking about next year’s lodgement.

“What we find is that a little bit of planning can save you not only a few headaches down the line but boost your refund as well,” he said.

Mitchell Turner

AUTHOR

You are not authorised to post comments.

Comments will undergo moderation before they get published.

accountants daily logo Newsletter

Receive breaking news directly to your inbox each day.

SUBSCRIBE NOW