Prepare your Sydney Business for an ATO Audit
Tax law can be extremely complicated, and it can be difficult to keep your business fully compliant without a specialised understanding of the legislation. Audits are conducted by the ATO to assess the accuracy of your declared assessable income, verify the legitimacy of your offsets and deductions and ensure your business is meeting all other requirements.
Why it’s important that you are ready for ATO audits
An ATO audit can catch you off guard, and the consequences for your business can be extremely severe if you are found to be non-compliant in any way. For this reason, it’s crucial that you are adequately prepared for an audit to ensure that your business is protected against any penalties. This is necessary for businesses of any kind, as it is not something just sought by those with malicious intent: in fact, you may be infringing regulations without even realising it.
Prepare for an audit with the help of our experienced team
While the thought of an audit might make you nervous, there is no need for concern with Radar Accountants on your side. Our team has more than three decades of experience with ATO audit services in North Sydney, the CBD and beyond, and can give you the support you need for full peace of mind. No matter the size or scope of your business, we put your interests before our own through services such as:
- Conducting a tax risk assessment
- Ensuring your records and documentation will stand up to ATO scrutiny
- Liaising with the ATO and represent your best interests while an audit is taking place
- Overseeing the audit process
We are committed to your needs
We’ll make sure you are fully compliant in case your business is audited while minimising the risk of it occurring in the first place. If an audit does commence, we will liaise with the ATO in an effort to help save you time and stress. We are rigorous and thorough in everything that we do, and will leave no stone unturned to ensure even the finest details are checked over.
Talk to the experts
Whether you are located in the CBD, North Sydney, the Western suburbs or anywhere else, give us a call on (02) 9279 0345 to find out more about how we can protect your business from an ATO audit.