ATO Misses Return Processing Target (By 1%)

One of the stated tax return processing aims for the Australian Taxation Office is to handle 94 per cent of electronically-submitted returns within 14 days. What figure did it ultimately achieve this year between July and October? 93 per cent.

The ATO figures show that it actually hit the 94 per cent target in August and September, but dropped to 92 per cent in July and October. A total of 8.25 million returns were lodged in that period. As of the end of November, the ATO says 99 per cent of returns submitted before the October 31 cut-off have now been processed. That’s not a bad outcome, unless you’re one of the 82,500 people who hasn’t yet been completed.


The Cheapest NBN 50 Plans

Here are the cheapest plans available for Australia’s most popular NBN speed tier.

At Lifehacker, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.


4 responses to “ATO Misses Return Processing Target (By 1%)”

Leave a Reply