The Tailored business returns project introduced a set of ideas which highlighted opportunities for reducing the income tax reporting burden for certain small businesses. The ideas focused on developing a simplified reporting experience for company, partnership and business individual taxpayers who meet certain criteria.
Status – as of 10 August 2015
Following consultations with external stakeholders and discussions around ATO priorities, the Tailored business returns project has been discontinued. We will be looking to consult on other improvements to provide a better business experience.