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ATO Targets In 2011-12

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Date: 01/08/2011

Watch out! The taxman cometh with his new compliance hit list for 2011-12. Find out if you're in his sights.

The new financial year brings a new compliance hit list from the ATO. Tax specialist Michael Jones outlines for us the key areas of focus this year, for individuals, micro-businesses and small to medium-sized businesses. And he offers wise words on the attitudes of taxpayers towards compliance, using a pyramid analogy. Are you at the base of the pyramid and complying responsibly with your tax affairs? Or are you up at the pointy top of the pyramid and avoiding your taxpaying responsibilities - in which case you're right in the ATO firing line.

  

Topics: Accounting & Tax, Business Processes, Financial Management


Michael Jones, Cummings Flavel McCormack