Do you have Audit Insurance?

Do you have Audit Insurance?

As the world returns to normal after the seismic shifts of 2020, the Australian Taxation Office (ATO) also returns to its standard practices including its audit activity. Australian taxpayers including businesses and individuals are regularly finding themselves at the...
8 Tips for Businesses to Thrive in 2021

8 Tips for Businesses to Thrive in 2021

Operating a business in any year is tricky (last year being an exceptional example). So, as we kick off a new year with renewed focus, we’ve gathered 8 insightful tips to help your business thrive in 2021. 1: Nurture your brand advocates Loyal customers spread the...
Online sales data under the ATO microscope

Online sales data under the ATO microscope

If you make more than $12,000 per annum through online sales then you could be liable to pay tax. The Australian Taxation Office’s (ATO) online selling data-matching program has been in place since 2008 and has recently opened the door to acquire data on sales via...