One letter saved the ATO millions – great example of a feedback loopRelating something the ATO did, to something we do.
The tax office and a specialist behavioural economical research unit within the federal government used a randomised trial to target 2000 tax agents, specifically naming individuals lodging higher than expected work-related expenses claimed in a letter.
Now, those drawings are really going toking hit you. And it will be tax hell.
There is always changes and new legislation buried down inside a federal budget. The changes the press don’t see or report. But there is a real change in regard to drawings from a company and it’s dramatic.
Tax audits. What’s our real experience
I have been talking with our team of accountants – and most of them are telling me that they can’t remember when they last saw an audit – apart from a superannuation audit.
A questions and answers session on mortgages for business people after the Royal Commission
Are only high interest rates offered when you are borrowing your way out of a business problem?
Our Services Accounting
Your Business Angels has been operating accounting businesses and tax services from our accounting business for over 15 years. It seemed logical, that once we helped a client with a business turnaround, then we stayed to help their business move forward aand survive in what is always a difficult business environment.
Problems with the Australian Taxation Department. We stand in front of you – so you don’t have to front the ATO
There are 2 main problems that exist with businesses and the tax department.
A warning about ambulance chasing
When the Australian Taxation Office sends you anything court related, the action will appear on a court list.
Non-lodgement Getting the accounts up to date
Getting the accounts completed means the pressure is gone from the ATO.