What’s on the ATO’s watch list

Everyone wants to minimise their taxation, but if errors are made in your tax return, its increasingly likely that they will be identified. Martin Rush highlights two areas to be mindful of this financial year.

The Australian Taxation Office (ATO) is using increasingly sophisticated techniques to identify taxpayers whose tax return disclosures do not match other data the ATO holds. Every year, they identify areas within the tax system to target. This year the focus will be on work-related expenses and online transactions.

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Accru Melbourne , Melbourne
Accru Melbourne, part of the Accru group, is an award winning financial services organisation. Our highly personalised approach and dynamic advice makes us standout in the fast paced, ever-changing business world.
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