ATO Benchmarking Reviewed

Share

Tweet It was reported recently that tens of thousands of small businesses targeted by the ATO for no more than making unusually low profits will be able to fight the system without fear of recrimination. Inspector-general of taxation Ali Noroozi has now reviewed the ATO benchmarking used to identify taxpayers who may be under-reporting income. […]

Keep Your Business Viable

Share

Tweet I attended the NAB National Small Business Summit on Wednesday 27 July (via webcast). Of interest was the presentation by Tax Commissioner Michael D’Ascenzo who on the one hand presented the human face of the ATO and their belief in treating small business as people. On the other, he gave the very clear message […]

Don’t Get Scammed!

Share

Tweet There are always scams doing the rounds. Here are two of the most recent that made their way into my inbox that you should be on the look out for. And honestly, some of them make you go “Doh!” 1.  Australian Taxation Office Refund We all love a refund – interestingly I realised this […]