Australian business and tax software providers are taking a growing interest in using Artificial Intelligence, according to the Australian Taxation Office.
Xero has moved to boost its SME accounting software’s reporting and analytics features, announcing plans to acquire Sift Analytics in a deal valued at $US70 million.
Currently, any taxable entity can claim GICs and SICs as a tax deduction on their tax return. However, a federal government is planning laws to change that.
Australian business and tax software providers are taking a growing interest in using Artificial Intelligence, according to the Australian Taxation Office.