Every year the Australian Taxation Office (ATO) is incredibly vigilant in ensuring that both businesses and individuals are paying the correct amount of tax owed to the government. The ATO gathers information from multiple sources, including banks who are required to give details regarding how much interest each account held by them has earned, and if suspicion is roused they may order an audit to closely examine your affairs and ascertain that everything is in order. These audits require a huge amount of work and the collation of extensive paperwork. They are time-consuming and often very stressful. Fortunately, ATO audits are our speciality. With years of experience, Pherrus Tax experts have the knowledge and skills to keep this process as hassle-free as possible for you or your business.
We’ll help in any way required, whether it’s a discussion over the phone, a letter or a visit from one of our Sydney business tax accountants or tax consultants. We’ll keep you fully informed and will take the time to explain the processes in detail so that you understand what needs to be done and what may come next. If we detect any missing information from your lodgements, we’ll get in touch and offer our advice on the steps to take to most effectively amend your assessment.
Furthermore, our tax specialists offer effective financial advice year-round to make sure that you are paying the correct amount of tax every quarter, and will therefore help you minimise the risk of an ATO tax audit. We’ll equip you with tax strategies so that you are making the most of your finances and are never paying more tax than you need to be.
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