The House of Representatives Standing Committee on Tax and Revenue on Thursday, 5.5.2016, tabled its first report in the House of Reps on the 2015 Annual Report of the ATO.
The Committee made the following recommendations:
- That the ATO make a clear public statement of its timetable for the transition to the new tax agent platform.
- In order to give certainty to taxpayers, that the ATO issue notices of assessment whenever an assessment is finalised.
- That for future draft public rulings, the ATO consider a provision that they cease on a certain date or when they are made redundant by legislation.
[APH website – Committee Report] [LTN 86, 6/6/16]