by Shared by AccountantsDaily | Mar 1, 2019 | News
Moore Stephens associate director Simon DePaoli said the ATO’s increasing use of data matching has allowed the agency to have greater visibility of clients’ transaction history, opening up the risk to audits should red flags pop up. Read more at the Accountants...
by Shared by AccountantsDaily | Feb 28, 2019 | News
ATO assistant commissioner Dana Fleming said that high-risk auditors continue to be a key compliance focus for the ATO. Read more at the Accountants Daily.
by Shared by AccountantsDaily | Feb 27, 2019 | News
Between July and December 2018, the ATO’s tax crime investigations identified 17 individuals, including a former tax agent, who were guilty of tax evasion or claiming refunds that they were not entitled to.Read more at the Accountants Daily.
by Shared by AccountantsDaily | Feb 26, 2019 | News
AUSkey, a source of frustration for tax agents since its introduction in 2010, is set to be replaced with myGovID, which will allow agents to enrol and authenticate at a time, place and device of their convenience. Read more at the Accountants Daily.
by Shared by AccountantsDaily | Feb 25, 2019 | News
Facing a Senate estimates hearing, ATO second commissioner Jeremy Hirschhorn said the agency conducts around 130,000 reviews of small businesses each year, before it issues amended assessments to 68,000 cases.Read more at the Accountants Daily.