Further tax audits in the works, says director

Accountants have been urged to spread awareness of a potential increase in ATO audits as more databases continue to be matched.

by | Oct 8, 2018

ATO expenses crackdown puts key SME items on notice

Speaking to Accountants Daily, Change Accountants and Advisers managing director Timothy Munro said he is expecting to see a spike in the number of tax audits over the next 12 months, in light of increase data matching from the ATO.

Read the full article at Accountants Daily.

More from Public Accountant

IPA National Congress hears ATO plan to shrink small business “tax gap”

IPA National Congress hears ATO plan to shrink small business “tax gap”

Ombudsman review targets ATO’s agent phone line failures

Ombudsman review targets ATO’s agent phone line failures

The WH Smith Error: how revenue recognition may have humbled an icon

The WH Smith Error: how revenue recognition may have humbled an icon

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

How to get control of your time

How to get control of your time

Embracing the AI frontier: Rethinking auditor skills and education

Embracing the AI frontier: Rethinking auditor skills and education

Share This