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Australian Taxation Office Update

BUSINESS. OASIS TaxXML Technical Committee. September 2004. SEGMENT. DATE. Australian Taxation Office Update. Presented by: Paul Madden First Assistant Commissioner Australian Tax Office. Current e-services and products:. Business portal Launched March 17 2000 30k unique logins/month

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Australian Taxation Office Update

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  1. BUSINESS OASIS TaxXML Technical Committee September 2004 SEGMENT DATE Australian Taxation Office Update Presented by: Paul Madden First Assistant Commissioner Australian Tax Office

  2. Current e-services and products: • Business portal Launched March 17 2000 • 30k unique logins/month • Portal lodgement 101K since March • Tax agent portal > 600k unique hits/month • ABR 72.9% of all business registrations • e-Tax 34.8% of all self-preparers 2002/03 • ELS 6,315,718 IT Returns YTD, and • ECI > 17 million transactions 2002/03.

  3. New e-services and products: • web services, eg. integration with commercial software packages eg eAS • third party import, eg. health insurance commission data into e-Tax • Combined services eg Centrelink TFN Declaration and TFN Registration • Integrated single account – all client obligations.

  4. Electronic Activity Statements (1) • Facilitated Model (allows lodgement of Activity Statement from software packages directly into ATO Portal) • Two software developers have now built this facility into their product and is being used in production

  5. Electronic Activity Statements (2) • Web Services • Pilot due to commence on Nov 1 2004 • Services available include: • List Activity Statements (AS) • Get AS • Validate AS • Submit AS • ATO Anonymous • ATO Connection test – authentication • ATO Connection test – non-repudiation • ATO Text

  6. Electronic Activity Statements (3) • ATO providing the Common Signing Interface which incorporates the ATO corporate web services • Pilot will be evaluated in Feb/Mar 2005 • Work is also progressing on addressing:

  7. Other Initiatives • Approaches from other organisations and agencies include: • Full XBRL v2.1 Technical Implementation to support preparation and lodgement of Company Income Tax Return • Download of information from 3rd party software products into ATO’s etax product • Conversion from paper outputs to direct electronic lodgement of Income Tax Returns for existing 3rd party software products

  8. CONTEXT APPROACH RELATIONSHIP CAPABILITIES We verify compliance using a risk management approach Individuals and businesses self-assess We manage relationships and differentiate accordingly We shape internal and external capabilities > > Trustedadvisor High integrity businesssoftware End to Endprocess &connectivity Soundbusinesspractices Pros-ecute We make it as easy as possible to comply > > Audit with/without Penalty CATS Compliance Assurance for the Tax Office Certainty and Closure for the Tax Payer Real Time BusinessExaminations/ Record Keeping Reviews Education/ Record KeepingService Delivery (convenience, access, choice, control) ENFORCEMENT STRATEGIES #. Compliance Assurance Through Software - CATS Drivers LTTC ROSA InspectorGeneral Better targetedactive compliance PublicConfidence Recognising goodcompliance behaviours Compliance model

  9. #. Compliance Assurance Through Software - CATS How might it work Software & Setup Complies with Tax Office specifications Web service Integrated tax reporting Installed and customised by trusted third party to reflect- business operations- tax obligations &- appropriate business processes and practices Running the business Prompts for reconciliations etc Validations & edit checks Electronic audit trail on Ability to export an audit file if requested Value proposition Key messages: What’s in it for me? What do I do? What is different? Tax Reporting Report generated from e-business records All changes to records logged to audit trail Additional CATS data sent with tax report ie:- integrity results or - name & version of software- Identifier of trusted third party • Processing systems • Risk assessment _ incorporating CATS data • Appropriate response • Reward low risk Business experience Recognition on receipt Low risk – no further revioew Concessional penalty regime Peace of mind Real or near time response

  10. Thank you

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