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Does a visit from the ATO mean you’re in trouble?

With the ATO aiming to visit up to 10,000 Aussie businesses each year, driven by tip-offs and data red flags, many businesses are asking whether they have been flagged as doing something dodgy if they are visited.

Does a visit from the ATO mean you’re in trouble?
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Does a visit from the ATO mean you’re in trouble?

Yet assistant commissioner at the Tax Office Peter Holt said that a visit from ATO officers is “definitely not” a foregone conclusion that the business has been flagged as doing something wrong.

Read more at MyBusiness

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