Does a visit from the ATO mean you’re in trouble?
With the ATO aiming to visit up to 10,000 Aussie businesses each year, driven by tip-offs and data red flags, many businesses are asking whether they have been flagged as doing something dodgy if they are visited.
Yet assistant commissioner at the Tax Office Peter Holt said that a visit from ATO officers is “definitely not” a foregone conclusion that the business has been flagged as doing something wrong.
Read more at MyBusiness.
