To better support compliance with agency Service Designs and the enabling legislation, Shared Services SA is undertaking a Tax Standardisation Project.
The project will develop and implement standard taxation policy and procedures that will cover the end-to-end management of taxation services for both Goods and Services Tax (GST) and Fringe Benefits Tax (FBT).
The recommendations from an external review of taxation are also being incorporated, affecting all Shared Services SA client agencies, except SA Health.
The affected taxation services include:
- management of GST and preparation of monthly business activity statements (BAS)
- management and preparation of FBT returns
- calculation and preparation of monthly payroll tax returns
- provision of related tax guidance and advice.
Since 2012, all FBT returns have been prepared using the standard OneSource FBT software. There is currently no standard software for the preparation of BAS.
The project aims to deliver the following benefits:
- confirmation of compliance with taxation law
- reducing paper usage associated with providing taxation services to move towards a more Digital by Default working environment
- standardisation of processes across taxation services teams thus improving the depth and quality of tax knowledge within the team
- improved measurement, tracking and reporting of compliance testing for client agencies
- improved training and development within taxation services
- improved service delivery quality and accuracy.
Progress to date
- The principle of a risk-based sampling procedure has been shared with the Australian Taxation Office for GST with positive feedback received.
- A discovery has been undertaken and the project team is developing sampling templates, checklists and updating procedures.
- Following consultation with agencies, the GST element of the project is expected to receive ATO endorsement by the end of March. It is expected that the new methodology will be fully implemented by June 2018.