As the ATO grows in size and its collection of data becomes more sophisticated, Nathanael Lee of Mazars, expects more audits and reviews from the tax office. Currently, it has a spotlight on private groups, including medium and emerging private groups with wealth over $5 million dollars.
Nathanael explains an ATO review process and how to prepare for one if you’ve been approached for a review.
Published: 16/03/2022
Audio by Business Essentials Daily. For more Business Essentials Daily podcasts visit: https://bedaily.com.au/episodes/