Check out the speech by the ATO Second Commissioner Neil Olesen. They are working on what is called 'push' tax
returns for those with simple tax affairs which can reduce the online e-tax screens from 140 to 10, which takes around 20 to 25 minutes to complete. I believe, based on the current trend and developments on e-tax and revamp of the ATO website, those with simple tax affairs do not need to pay an accountant to do their tax. I think accountants need to rethink their current business model. You drive to your accountant, wait in a queue, hand him or her your payment summary, then he asks you a couple of questions. He then lodges your tax return and hands you an invoice for $170 for 15 minutes of his time or her time not including the 15 minutes of travel time. Think about that. Comments are closed.
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TipDon't waste another dollar on your accountant for information that is available online Archives
January 2016
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