Financial Advisors for Commercial Excellence

Archived News - 2005

2005-08-25
When the ATO Auditor Calls

With the incidence of tax audits on the rise, it's a good idea to know in advance what to expect if you find an ATO auditor on your doorstep.

THE GOLDEN RULES

  • Take a co-operative approach and try to avoid unnecessary conflicts.
  • Where possible, always request your adviser to be present at any meeting.
  • Try to meet the ATO on neutral ground, like your adviser's office.

A little preparation goes a long way.

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