Australian Taxation Office (ATO) stories - Page 2

As FY24–25 ends, Australian businesses face increased ATO compliance checks on tax debts and deductions; automation and tighter controls are vital to start FY25–26 strong.

Directed Technologies and KPMG Australia have launched an automated Fuel Tax Credit solution, easing claims for heavy vehicle fleets in key Australian industries.

Smart and BMW Financial Services now allow Australians to complete novated leasing for BMW and MINI cars directly at dealerships, simplifying the process.

Multinational corporations in Australia face rising tax risks as the ATO tightens transfer pricing rules, demanding faster, tech-driven compliance and detailed disclosures.

From 1 Jan 2025, Australian CbCREs must use ATO's streamlined LCMSF V 4.0 for local file reporting, enhancing consistency and risk detection in tax compliance.

Trend Micro's Trend Vision One for Government has achieved FedRAMP Authorisation to Operate, enhancing security for US services and ANZ customers.

As AI Month unfolds, experts in Australia urge emphasising responsible AI development to maximise its potential across diverse sectors and communities.

Jamie Norton, an Australian cybersecurity veteran, joins ISACA's Board of Directors for the 2024-2025 term, aiming to fortify global digital trust amidst growing cyber threats.

ITP Accounting Professionals partners with TaxTank to deliver seamless, real-time tax management for 300,000 clients ahead of EOFY, enhancing compliance and efficiency.

As Australia's EOFY approaches, businesses and individuals rush to complete tax tasks, opening the door for heightened cyber threats.

Australian tech solutions provider, Kinetic IT, secures title of 'Australia's Best Managed Company' for the third successive year, showcasing unwavering industry performance.

AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.

Australia's Kinetic IT lands a $23 million three-year contract with the Federal Department of Infrastructure, set to support nationwide digital transformation with new tech services.

Wolters Kluwer Tax & Accounting introduces new features to its CCH iFirm platform to streamline compliance tasks for Australian users.

In his final speech as Australia's 12th Commissioner of Taxation, Chris Jordan AO says the future of tax must be digital and data-driven.

The Australian Taxation Office has chosen Kinetic IT as its lead Enterprise Service Management partner, in a contract worth $50m.

Macquarie Government renews and extends cybersecurity agreement with Australian Taxation Office (ATO) to protect sensitive data.

Macquarie Government has appointed former CEO of Fujitsu Australia and New Zealand, Mike Foster, as Director of Strategic Growth.

Valta Technology Group joins Australian Taxation Office's Peppol Capabilities Panel, supporting digital invoicing for government agencies.

The Australian Taxation Office has extended its national identity program with face verification technology from iProov.