ATO Tax Audits Assistance Perth

Tax constitutes a significant portion of a business' costs and should be considered when planning for the future. Without a clear understanding of how tax will impact a business’ financial position, owners and stakeholders run the risk of inaccurately managing future operations and growth. 

MKM Accountants provides tax forecasting services for Perth businesses to exercise greater control over future tax liabilities and delegate funds more efficiently. Our team will conduct an in-depth review of the businesses’ monthly accounts, reports,Tax audits from the Australian Taxation Office (ATO) are a significant source of concern for businesses, particularly for those uncertain about tax positioning. The ATO can issue tax audits to Perth businesses that: 

• Are suspected of activities that may affect tax compliance
• Have previously failed to meet tax obligations
• Operate in high-risk industries such as building and construction
• Claim excessive tax deductions

In some cases, the ATO may also issue a tax audit to a business on a random basis to ensure it is complying with its tax obligations. Perth businesses that have received an audit notice from the ATO must take the necessary steps to prepare for it. 

MKM Accountants work with Perth businesses to provide guidance for dealing with a tax audit. We help businesses understand their tax obligations, options for minimising risks, and ultimately prepare for the tax audit.  and bookkeeping records to calculate net earnings and future payable tax.