{"id":102480,"date":"2025-03-14T15:45:00","date_gmt":"2025-03-14T04:45:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=102480"},"modified":"2025-03-14T15:31:55","modified_gmt":"2025-03-14T04:31:55","slug":"atos-hit-list-targets-2-5-million-aussie-small-businesses-in-tax-crackdown-are-you-on-it","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/atos-hit-list-targets-2-5-million-aussie-small-businesses-in-tax-crackdown-are-you-on-it\/","title":{"rendered":"Ato\u2019s \u201cHit List\u201d Targets 2.5 Million Aussie Small Businesses in Tax Crackdown\u2014Are You on It?"},"content":{"rendered":"\n

The Australian Taxation Office (ATO)<\/strong> has announced a new compliance initiative focusing on contractor income reporting, GST compliance, and tax deduction claims among small businesses. With more than 2.5 million small businesses<\/strong> operating across Australia, the ATO aims to ensure tax obligations are met while addressing errors and deliberate non-compliance.<\/p>\n\n\n\n

Key compliance focus areas<\/h2>\n\n\n\n

The ATO regularly updates its compliance priorities<\/strong>, providing small businesses with guidance on common areas of concern. For the current period, the agency is focusing on:<\/p>\n\n\n\n