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Here’s who the ATO is targeting this year

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Who the ATO is targeting this year. With the end of the financial year fast approaching, taxpayers are being warned there’s nowhere to hide from the sophisticated data matching capabilities of the ATO, which is apparently a little bit upset with us. "The ATO have been doing some work around what they call the ‘tax gap’ for individuals,

The ATO has been doing random audits of Australians and reckons that the tax. Are you and I to blame for $8.7b a year in 'missing' revenue?.. to increase compliance activities targeting individual taxpayers and their tax.

Finance reporter alexis carey explains who the ATO is targeting this year, what changes are coming on July 1st, and how to avoid getting caught out by the tax man. The ATO has been given more.

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Who the ATO is targeting this year. With the end of the financial year fast approaching, taxpayers are being warned there’s nowhere to hide from the sophisticated data matching capabilities of the ATO, which is apparently a little bit upset with us. "The ATO have been doing some work around what they call the ‘tax gap’ for individuals,

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The ATO said the product compliments the ATO corporate plan 2014-18 and will be updated throughout the year. As far as individuals. Self-managed super funds are also a key target area for the ATO..

You will need details of any target foreign income that you received in 2016-17 including the details of any exempt foreign employment income you included at N item 20. Completing your tax return show all foreign income in Australian dollars using the market exchange rate for 1 July 2016.

The huge bill was revealed by Deputy Commissioner Mark Konza during Senate estimates last week, when he outlined Australian Taxation Office activity that backs up the government’s claim it is.

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I haven’t seen much yet in the media about what the ATO is going to ‘target’ this year in terms of deductions and rebates (offsets) with tax returns. Given that the financial year has not long to go, it’s something that a lot of people think about getting closer to tax time.