In an open letter to Chartered Accountants Australia and New Zealand members, the Commissioner of Inland Revenue has acknowledged the important role of CA ANZ members as tax agents within the tax system.
2019 has been a challenging year for many of our Members, and CA ANZ has heard and escalated a lot of your experiences with Business Transformation with Inland Revenue. The Commissioner spoke to delegates of this years' Tax Conference, and recognised the impact Business Transformation has had on our members.
Following the conference we asked the Commissioner to write to our wider membership, reflecting on this year's Business Transformation experience and looking ahead to release 4.
In her letter the Commissioner says "I know that some of the changes we've made have brought about inconveniences and challenges for you.
"We haven't got everything right all the time and I absolutely acknowledge that. With changes of the scale and size we're making that's to be expected, but I appreciate that for those working in the system everyday, and particularly those in public practice, this has been frustrating."
We are pleased the Commissioner has announced further corrections and improvements to the system, including:
- Ensuring letters will no longer be sent to clients that should be sent to tax agents
- Changing the auto-calculation process for 2020 for tax agents clients, and
- Improving the transfers and installments systems for 2020.
You can read the Commissioner's letter in full via the link below.