More businesses going electronic

Software, Tax Add comments

We are back from leave now!  Had a fantastic time in the US.  Gosh Boston is a lovely city.

Now that I am refreshed and all recharged, I intend to step up the frequency of postings on this blog.

One of the emails that was awaiting my flooded inbox when I got back was a short missive from the Australian Tax Office (ATO).  They routinely send out statistics to subscribers of their software development newsletters, and in this one, they reported that as of the financial year ending 30/06/08, about 16.7% of ‘pay as you go’ (PAYG) submissions were done via their electronic ECI interface.

In raw terms, 32543 submissions were made via their ECI software, and 194513 submissions were done via the usual disk, CD-ROM and other magnetic media.

It is refreshing to see the uptake of electronic submissions with Australian businesses.  This is pointing to a better awareness of managers and owners that electronic data interchanges can save time and cost.  I look fotward to next year’s statistics to see if this percentage picks up again.

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