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Category Archives: Technology
FAQ: The Clean Energy Legislation
What is the Carbon Pricing Mechanism? The Carbon Pricing Mechanism (CPM) is a mechanism by which businesses pay a charge for each tonne of carbon pollution they emit each year. The following industries will be covered by the CPM: Stationary … Continue reading
Posted in Business, Law, Superannuation, Technology
Tagged carbon tax, emissions trading
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Tax office blocks 22,000 returns
Data matching models at the Australian Taxation Office have flagged almost five percent of this year’s income tax returns as potentially fraudulent. Since 1 July, the agency has finalised 460,000 returns from the 2010-11 financial year, issuing a total of … Continue reading
Posted in Tax, Technology
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Tax Office rolls back new mistake-prone computer system
Commissioned on Australia Day the new $820 million computer system has so far sparked 17,000 public complaints, required more than 500 bug fixes and sent unintelligible data to Centrelink. The Tax Office has now scaled back its new computer system … Continue reading
Posted in Tax, Technology
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