Yesterday, the Tax Office revealed that there was an $8.7 billion tax gap for individuals, more than three times the amount of the $2.5 billion tax gap from large corporates.
Read the full article at AccountantsDaily.
‘Large preparers to suburban accountants’ copped ATO audit
Pre-emptive warnings and compliance action are on the cards as the ATO speaks on the tax agent behaviour which is contributing to Australia's multibillion dollar income tax gap.
