Ten ways to trigger an ATO audit

By Dynamic Business · 22 May 2014 · Accounting

Ten ways to trigger an ATO audit

Avoid ATO audits this financial year

The ATO is cracking down on tax returns, with millions of transactions set to be data-matched. Don't risk a costly audit - discover the 10 triggers you need to avoid.

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Summary

As the end of financial year approaches, the Australian Taxation Office (ATO) is expected to data-match over 640 million transactions to tax returns this year.

Tags: ATO, audit, end of financial year, EOFY, Tax