ATO Compliance: Avoiding Common Pitfalls
Ensuring your business stays compliant with the Australian Tax Office (ATO) is crucial, but mistakes can happen. From late BAS lodgements to misclassifying employees as contractors, many businesses fall into common compliance traps. In this blog, we highlight some frequent ATO compliance issues and offer practical tips on how to avoid penalties and audits in 2024/2025. Stay ahead of the game with easy-to-follow advice on tax reporting, record-keeping, and superannuation contributions. Keep your business running smoothly and ATO-compliant this year!