Topic: ATO Warns of Radical Change Ahead (Read 937 times)
they will be taking real-time bitcoin payments no doubt, though are they going to let people use capital losses as tax deductions
Quote
Within two years, there is an expectation that the way businesses interact with the ATO – and by extension, the way they communicate with their agents, and the role those agents play on behalf of their clients – will be totally re-engineered.
The focus will be on real-time reporting, and new accounting systems will transmit data directly to the ATO every time a sale or a purchase is made, every time a payroll transaction goes through, every time an employee is hired or fired.
The focus will be on real-time reporting, and new accounting systems will transmit data directly to the ATO every time a sale or a purchase is made, every time a payroll transaction goes through, every time an employee is hired or fired.
http://digitalfirst.com/2014/07/11/ato-warns-radical-change-ahead-tax-agents/?utm_source=Outbrain&utm_medium=cpc&utm_campaign=OutbrainWidget
http://norightturn.blogspot.co.nz/2014/09/the-panopticon-advances-in-australia.html
joining the dots .... the net is tightened around the sheeple for a little more fleecing
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