COVID kicked ATO objections up a gear

Objections to the ATO from small business doubled during 2021 as accountants and their clients wrestled with COVID support programs, the Inspector-General of Taxation says on the latest Accountants Daily podcast.

by | Oct 11, 2022

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Launching an interim report on the ATO’s handling of objections, the Inspector-General of Taxation Karen Payne said 61 per cent of objections in 2021 came from small businesses and many more than usual were channelled through accountants as they became the conduit for pandemic measures.

“In FY21, there were 15,587 objections received from small business and in the prior year it was 7,000,” she said.

“So it doubled. Those objections were about COVID stimulus measures that small business we’re objecting to.”

Read more at Accountants Daily

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