Recommendation 3.12

  1. With the aim of making Annual Compliance Arrangements (ACAs) more widely available to taxpayers, the ATO should publicly communicate the expected work required to enter and maintain an ACA as well as the expected benefits.
  2. With the aim of appropriately addressing the expected increased ATO workload with respect to ACAs and to reduce timeframes and compliance costs associated with ACAs, the ATO should consider overseas models, such as those in Singapore and the United Kingdom.

ATO response

We agreed with this recommendation and it is currently in progress.

    Last modified: 22 Dec 2014QC 43559