Auswild & Broad | Blog

The Tax Office is actively targeting geographic areas for special visits as part of a nationwide crackdown on the black economy.

A consistent theme this tax time is overclaiming and under reporting. With the Australian Taxation Office (ATO) getting more and more sophisticated in its data matching approaches, taxpayers can expect greater scrutiny where their claims are more than what is expected. We take a look at the key issues for you, your business and your SMSF.