tips

Digital signature

Digital signature

Are you still printing and scanning documents?

Did you know that in many circumstances, a digital signature is just as valid as a hard copy? In my daily work life, I frequently have to send documents to clients to sign, and this can be a daunting and inconvenient process for individuals who don’t have a printer, scanner or fax machine. Going to the post office is time consuming and costly. The fastest and easiest way to get your document signed (and your returns lodged and processed as soon as possible) is to use a digital signature.

ATO's war on deductions

ATO's war on deductions

The ATO has recently adopted a very aggressive strategy to collect more tax revenue. Earlier this year, they sent out hundreds of thousands of letters to taxpayers, warning them that their deductions may have been overstated, and advising to review their claims in order to avoid paying back tax and being penalised in the event of an audit. Many taxpayers saw this letter as a precursor to an audit, despite the letter stating that if the taxpayer believes deductions were claimed correctly, they need not take any further action.