By Mark Ellem


Are you a tax agent? Did you get your certificate for meeting the ATO’s 85% on-time lodgement requirement?

If you did, well done! However, wouldn’t it be great if there was less pressure on meeting this requirement and the threat of ATO-handling hanging over your practice?

If you could eliminate most of the time-intensive data entry – which also leads to review and corrections – what amount of time would this save? And how much less pressure would there be on you and your staff to meet those lodgement deadlines?

How many times have clients submitted a year’s worth of fund data and documents just before lodgement deadline, and then expect you to lodge on time? Wouldn’t it be better for the fund’s data to automatically load throughout the year, so that by 30 June your staff can start finishing funds, instead of starting the process of information-gathering?

Having better tools will lead to new and efficient systems that will help you reduce the pressure of the ATO’s online lodgement requirement. 

These issues – together with other growth opportunities for accountants – are discussed in my new white paper, click here to view.