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ATO Remind Locals of Reporting Changes

ATO

As local workers start thinking about their tax returns, the ATO is reminding them about the introduction of new reporting arrangements for salary and wages. 

From this year, many workers will no longer receive a Payment Summary directly from their employer and instead have that information provided via an Income Statement.

Assistant Commissioner, Karen Foat, says the information will be pre-filled in workers' tax returns and made available through their myGov account or registered tax agent.