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.

In the 2017-18 financial year, more than 2.2 million Australians claimed over $47 billon in deductions and the Australian Taxation Office (ATO) thinks that is too much - one in ten is estimated to contain errors.

Why do we have so many highly educated women but still have a pay gap and unequal representation in senior management?