Gold Coast businesses under the ATO’s microscope

As part of an ongoing, Australia-wide program, the ATO has advised that it will be visiting restaurants, cafés and take-aways, along with hair salons and nail bars, on the Gold Coast.

Assistant Commissioner Matthew Bambrick said “In all, we’ll be visiting around 250 businesses in the Gold Coast to talk about a range of topics, including business registration, record-keeping, superannuation and lodgment.”

“Where taxpayers are unwilling to work with us or continue to cause us concern, we will undertake further investigation.  In Sydney and Melbourne, for example, we have now moved to auditing businesses that didn’t want to work with us.”

 

Please Note:

Many of the comments in this publication are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances.

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