In todays press we have been advised that the ATO’s has been developing tax agent data gathering and matching software .
This will mean they can create risk profiles for a tax agents practice based on a comparison of their clients’ Work Related Expense claims” with those made by similar occupation taxpayers .
Our practice has adopted a policy of not accepting clients with dodgy or suspicious claims. We like to ensure that our clients are within peramaters acceptable by the… ATO. It gives a level of comfort that our tax audits are of a low level .
At Gartly & Associates we welcome the ATO approach to weeding out those that work on the fringe to generate excesive refunds to keep clients happy.