ATO Audits on SMEs
Issues covered include: small business tax, Tax Gap, ATO, taxpayers
Description
The SME/Family Group market has experienced increased auditing by the ATO of late. Hear directly from the ATO on what they are looking for, and useful guidance based on the areas being targeted. Hear practical tips on the best approach to working with the ATO in the event of queries or review.
ATO Audits on SMEs
- The Small Business tax gap – an estimated $11 billion gap between tax collected and that which ATO has projected should have been paid
- The ATO’s work in respect of the Tax Gap and responding to the recommendations of the Black Economy Taskforce
- The ATO’s approach to taxpayers and their representatives
Presented by Jason Aitchison, Director of Small Business Assurance, Australian Taxation Office
This webinar will be streamed at AEST
Accreditation
Attend and Earn 1 CPD Hour
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Presenters
Jason Aitchison is one of two Directors in Victoria who manage small businesses audit teams looking at businesses in Melbourne and across the state. Jason has extensive experience with the Tax and BAS agent profession over a number of years, and has also managed the ATO’s lodgement program. Prior to this Jason was the project lead in establishing the Australian Charities and Not-for-profits Commission.