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ATO prosecutions fall by 70% in FY21

A softer compliance approach coupled with proceedings slowed and stifled by public health orders saw prosecutions mounted by the ATO sink to their lowest levels in seven years.

ATO prosecutions fall by 70% in FY21
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ATO prosecutions fall by 70% in FY21

The ATO was able to mount just 198 successful summary prosecutions during the 2020-21 financial year, according to newly released tax crime prosecution results released this week, down from 641 the year before, and 1,152 for FY18-19.

Read more at Accountants Daily.

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