Source: SmartCompany
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Everything about tax time comes down to the numbers, but some are a little more abstract than others. Here, we collate a handful of the key figures related to personal and business tax returns, and some of the more esoteric figures linked to the new financial year.
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In years past, the Australian Taxation Office (ATO) has sent two SMS messages to taxpayers after they lodged a tax return: one to confirm receipt of the lodgment, and another to confirm when a refund has been paid. The ATO will not send the first message this time around. “This decision was made due to the prevalence of unsolicited SMS messages and it becoming increasingly difficult to distinguish a scam message from a legitimate one,” the ATO said last month.
ABOUT THE AUTHOR
Senior Business Journalist
David Adams is a senior business journalist at SmartCompany. He is interested in the challenges and opportunities facing Australian businesses, along with the influences of technology, culture, and a changing climate. Before SmartCompany, David served as a reporter for Business Insider Australia. You can find him on Twitter at @DavidAdams_AU.
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