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Your source for weekly stories and advice on local business, the economy in general and what’s happening in Sydney this weekend.

Can You Benefit from Tax Audit Insurance?
tax Grant Lyons tax Grant Lyons

Can You Benefit from Tax Audit Insurance?

A surprise ATO review or audit of your tax returns can rapidly become a frustrating, costly and time-consuming process. Even seemingly simple queries can result in hours of paperwork for yourself or a legal professional. It’s important to remember that all taxpayers can be audited. The ATO has several recent focus areas that could potentially impact you as an individual, a business owner, or someone with a Self-Managed Super Fund (SMSF).

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