10 May 12 Changes to verification checks for activity statement refunds
The ATO advises that it has recently made some changes to the way it undertakes compliance checks for activity statement refunds. It has:
- introduced a rapid response process to quickly deal with a small number of high risk refunds
- reviewed its processes to request documentation.
The ATO says that agents will receive less requests for documentation for their established business clients with good compliance histories. For more information, go here