Author name: Gilsnir

As regulatory scrutiny increases and ATO activity continues to rise, tax audit insurance has become an essential service for businesses […]

When clients receive notice of a tax audit, one of the first questions an accountant should ask is whether the

Introduction The Australian Taxation Office (ATO) is increasingly leveraging artificial intelligence (AI) to assess non‐compliance risks and conduct tax audits.

Introduction The ATO has issued new guidance on guarantee arrangements and their potential Division 7A implications. Businesses and accountants must

Introduction Gifting can be a valuable financial tool, but certain non-traditional transactions may trigger ato scrutiny. Understanding how these transactions

Introduction The ATO has increased scrutiny on family trust elections (FTEs), impacting trust management and compliance. Understanding these developments is

Introduction With the ATO increasing scrutiny on tax compliance, proactive tax planning is essential to avoid audits and penalties. Staying

Tax-Efficient Exits for SMEs: Strategies to Reduce Audit Risks and Maximize Returns Introduction Exiting a small or medium-sized enterprise (SME)

IntroductionA disagreement has arisen between accounting groups and the ATO about new rules on the General Interest Charge (GIC). These