ATO’s spotlight on private groups

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Running Time: 9:46

Date: 01/04/2022

As the ATO grows in size and its collection of data is becoming more sophisticated, Nathanael Lee of Mazars, expects more audits and reviews from the tax office.

Currently, it has a spotlight on private groups, including medium and emerging private groups with wealth over $5 million dollars. Nathanael explains the ATO review process and how to prepare for one if you’ve been approached for a review.

Nathanael Lee, Mazars