Looking to the future

Improving small business tax performance is a key focus area in our Corporate plan.

We will achieve this by collaborating with partners to build a digital first tax ecosystem, enabling seamless tax reporting from business source systems.

By enhancing our use of data and introducing new tools and systems we will help small business owners by:

• reducing their compliance costs
• ensuring they have timely information available to help with decision making
• reducing complexity and minimising the likelihood of mistakes.
• creating a level playing field and reducing opportunities for tax avoidance.

Products like Single Touch Payroll and eInvoicing, pave the way for a future with increased automation and a more seamless experience for small business taxpayers.