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ATO pencils October start date for tax audits

ATO audit activities are now set to recommence by October, pending on how the ongoing coronavirus situation develops, a parliamentary committee has heard.

ATO pencils October start date for tax audits
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ATO pencils October start date for tax audits

ATO second commissioner Jeremy Hirschhorn told a Senate Select Committee on COVID-19 last week that the Tax Office has refrained from initiating new audits since the pandemic hit, redeploying its auditors instead to deal with the rollout of stimulus measures, including JobKeeper and the cash flow boost.

Read more at Accountants Daily

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