ato record keeping

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Proposed New Record-Keeping Course

By Warren Kruger / February 12, 2020 / 0 Comments

One new tax-related measure of note in the MYEFO was the announcement the ATO would be provided with a new discretion to direct taxpayers (found to be lacking in their substantiation efforts under audit) to undertake an approved record-keeping course, instead of applying financial penalties. This is yet another measure designed to tackle the ‘black’ […]

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