Australia’s regulatory watchdogs use compliance and surveillance programs to detect and penalise tax avoidance. You need to understand your financial and tax positions to operate legally and avoid fines. Accounting Industries helps you stay compliant and negotiate with agencies, when required.
When you are looking to optimise your business growth, managing multiple statutory financial reporting and tax audits can be challenging. If you don’t lodge your BAS returns or make scheduled PAYG payments, you may become personally liable for your company’s tax debt. The ATO may not provide a notice even when your business has been placed into voluntary administration.
It is difficult and time consuming to negotiate with the ATO. With Accounting Industries assisting you, you can adhere to all reporting policies and stay compliant.Book consultation now