ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...
READ MORETax agents fuelling non-compliance, ATO boss says
Over 900 audits have shown that tax agents are contributing to Australia’s individual tax gap through “carelessness, miscalculation and simple mistakes” according to ATO commissioner Chris Jordan.
This news was not well received by delegates at the IPA’s national congress on the Gold Coast, who told Mr Jordan tax agents in fact prevent clients from making claims they’re not entitled to.
Read the full article on Accountants Daily.
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