The ATO has announced that the date for the shut down of the portals will be 29 November. Specifically at 11.30pm AEDT.
The earlier than expected timing is, the ATO says, to clear the decks before implementing its “Activity Statement Financial Processing” project (ASFP), the name it has given to a system enhancement that aims to move all activity statement and franking deficit tax financial data onto one new system.
For some time now, the ATO has been making efforts to transition tax practitioners from the incumbent tax agent and BAS agent portals to its new Online services for agents system.
With most practitioners now using the new system (about 70% of tax agents and 84% of BAS agents), the ATO has not updated the incumbent systems for several months. It is however concerned for the few remaining practitioners who have yet to take the Online services for agents system on board.
Although the new system was intended to improve the functionality overall, the ATO has admitted that some functions are not at optimum levels, including PAYG summary reports, some non-lodgment advice and some aspects of dealing with deceased estates.
Practitioners who have not made the transition are urged to do so at the earliest opportunity. The deadline of 29 November is not that far away. Readers should feel free to make a comment below.