Published on 08 Nov 2011
| Took place at The Tax Institute, Sydney
There are many pitfalls and problems which can arise during an audit of your SME client.
This event, targeted at SME clients and their advisers, brought you up to speed with what you need to know to prepare for an audit.
This event covered:
the different types of tax audits, with a focus on physical ATO tax
what to do and what not to do when the ATO or your client calls to inform you that an
audit is to be conducted
suggestions on what needs to be done before the auditors arrive at your premises
the best way to make a voluntary disclosure, and how detailed it should be
what has worked well in audits, and what has not
whether or not the advisor should be present at the tax audit
what happens when the audit is completed and amendments have been issued, but
you and your client don’t agree with them