JobKeeper: ATO audit Receiving a Jobkeeper payment carries the risk of an audit because the Australian Taxation Office (ATO) is heavily monitoring fraudulent Jobkeeper claims: records […]
Individuals, partnerships, companies, trusts, super funds are all at a risk of a tax audit following an unsatisfactory tax review. Tax audits which follow an unsatisfactory tax […]
Received Notice of a Tax Audit or Tax Review? The most important thing to do when you’ve just received notice that the Australian Taxation Office (ATO) […]
If you don't lodge your activity statement or SGC statement, the ATO can estimate your tax liability and charge very high penalties (75-90%) for doing so.
An ATO default assessment is bad news, particularly because there is a 75-90% penalty charged on top of the tax. Find out more about it in this article.
The number of companies being audited over payroll tax compliance has dramatically increased and most companies audited have been found to have increased payroll tax liability. […]
You can object to a private ruling, but should you? This article looks at how you can go wrong by objecting to a private ruling and what you can do instead.