1 / 9

Technology Beyond Compliance

The ATO have made more changes in the last decade than ever have in the past fifty years. What is sustainable framework for tax related technology development and the opportunities for tax practitioners and business moving forward

GovReports
Download Presentation

Technology Beyond Compliance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Technology: Beyond Compliance © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  2. Why compliance is going Digital! • Regular and more regulatory updates • More complex than ever • Increase cost of compliance • Rising personal liability © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  3. Digital Services © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  4. ATO To Be Digitalised! • Improve User Experience • Prevent Fraud with data transparency and matching • Ensure Compliance is met • Increase Revenue • Reduce Cost • More Efficient Data Sharing © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  5. My Journey So Far © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  6. Compliance & Innovation • Compliance & Risk • Tax Payers the centre of new regulations • Product liability • Governance • Risk culture • Business & Product • Customer experience • Products & Services • Transparency • Business models • Competitors The Client © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  7. Adapt or Die • Must embrace change to remain relevant © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  8. Relevant Tech Tools • For your Clients - Cloud Accounting software • For Your Practice – Cloud Practice ie GovReports • Compliance management • Digital signature • Practice management • Ledger • Reporting & Lodgement • Password manager © 2019 Impact Management Group Pty Ltd All Rights Reserved.

  9. Let’s have a look at some of these…! © 2019 Impact Management Group Pty Ltd All Rights Reserved. ©2019. Impact Management Group Pty Ltd. All Rights Reserved.

More Related