ato audit

Lifestyle Assets Continue To Be An ATO Audit Target

By Taxwise / February 1, 2020 / 0 Comments

The ATO has revealed it will request a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high-value motor vehicles and aircraft. The ATO expects to receive information about assets owned by around 350,000 taxpayers from 2016 to 2020 as part of […]

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