Published: July 04, 2013
ATO No Longer Issuing Refund Cheques
As of 1 July 2013, the tax office will no longer be issuing refund cheques and instead will be making electronic deposits of any refund. For this reason, we are required to have a BSB and Account number for any client receiving a refund. Please contact our office to update these details or bring them along when you drop off your records.
ATO Fraud Alert
Each year, we see an increasing number of ATO alerts in relation to fraudulent activities and specifically identity fraud. On their advice, from 1 July 2013, all new clients will be required to show proof of their identity (e.g – drivers licence) before being accepted as a client.
Please note that photocopies of identification documents will be kept on file and used for internal purposes only. No personal information is supplied to any external body without direct authority from the client involved.
From 1 July 2013, the compulsory superannuation that you pay for your employees (superannuation guarantee) has risen from 9% to 9.25%. For more information contact our office