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Technology
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MyGovID set for default login on online services The new identity credential myGovID is set to become the default ATO login option for tax and BAS agents by the end of the week, as the agency warns of the impending reti...
Receipt Bank completes $73m funding round Digital bookkeeping platform Receipt Bank is set to boost its presence in Australia following a successful series C capital raise of $73 million in equity and debt. ...
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E-invoicing foundations laid as accredited service providers named The first group of e-invoicing accredited service providers has been revealed, as the ATO readies for the implementation of the new invoicing experience. Write co...
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SMEs still tech-averse: MYOB Small- to medium-sized clients are still heavily reliant on paper documentation, a new MYOB survey has found. Write comment (0 Comments) ...
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AI to birth new era of accounting, not eradicate it The proliferation of artificial intelligence (AI) in the accounting industry will give rise to small practices, with software vendors predicting that thousands will launc...
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‘No guarantees’: Commissioner urges agents to temper expectations for ATO systems Tax practitioners have been asked to accept that the ATO’s systems will never be perfect, as the government hands over $151 million to the agency to improve its system ...
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‘Reasonable expectation’: ATO explains myGovID change The ATO’s chief digital officer has defended the need to transition to myGovID, arguing that it is a “reasonable expectation” to require additional security feature...
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Commissioner acknowledges imminent ‘disruptions’ to tax profession The Commissioner of Taxation has vowed to support tax practitioners through a number of new technological changes that will affect the profession over the next few months...
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‘Have a proper Christmas’: ATO advises on year-end system downtime Practitioners have been urged to “have a good rest” over the ATO’s annual closure period, with a majority of the ATO’s systems set to be unavailable during its ma...
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ATO, TPB look to new suppliers to future-proof IT systems The ATO and the Tax Practitioners Board are currently undergoing a procurement process to modernise their IT systems in the wake of the disastrous ATO system outages in ...
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Xero integrates with major bank Xero has teamed up with a major bank to announce the launch of a new digital payment integration. Write comment (0 Comments) ...
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Sydney accountants ‘unfazed’ by automation Despite digital disruption continuing to make headwind in Australia’s corporate sphere, the vast majority of Sydney accounting professionals are nonchalant about any pe...
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