• Todd Zani

What attracts the ATO's attention

Updated: Feb 21, 2018

Want to know what attracts the ATO's attention to your income tax return lodged?

To help taxpayers out and to ensure that they get their income tax returns right,you should consider the behaviours, characteristics and tax issues that attract the attention of the ATO auditors.

"If the tax or economic performance is not comparable to similar businesses you may attract our attention".

Behaviours and Characteristics that may attract the ATO attention:

  • tax or economic performance is not comparable to similar businesses;

  • low transparency of your tax affairs

  • large, one-off or unusual transactions, including transfer or shifting of welath;

  • a history of aggressive tax planning;

  • tax outcomes inconsistent with the intent of tax law;

  • choosing not to comply or regularly taking controversial interpretations of the law

  • lifestyle not supported by after-tax income

  • accessing business assets for tax-free private use

  • poor governance and risk-management systems.

To read more about the specific behaviours follow this link.

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