The very words ‘tax audit’ strike fear into many people. But audits aren’t always a bad thing. In fact, sometimes they can work in your favour. To illustrate this, here’s some real life success stories: A client was audited for GST. After some back and forth with the tax office, it turned out they had […]

It’s a phone call many of us dread. The ATO is on the line informing you they’ve decided to audit you. The panic sets in and you lose all sense of rational thought. But just stop and breathe. The chances you’ve done something truly wrong are minimal. Even if you have made a mistake, the […]

If you’re an investor or a start-up looking for an investor, you may have heard that the government has introduced a new tax break for investors investing in start-ups. The way it works is fairly straightforward:  invest is a qualifying start-up (the technical term is “Early Stage Investment Company or ESIC”) and get a tax […]