Mizael Partners carefully works with individuals and businesses to protect them from an ATO Audit or ensuring they are in compliance if audited.

What is an ATO Audit?

Over the past few years, the ATO has been investing in more sophisticated, data-matching software. As a result, there has been a record number of tax audits and reviews. Lodgements are now cross-referenced against information from a wide range of government organisations, including Centrelink, WorkCover, Department of Transport, banks and other financial institutions. Should any of the information not match, the software will flag the return for investigation and a possible review or audit. 

Although data-matching is the ATO’s biggest tool for triggering a review or audit, they can also be completely random. Your industry may just be on the ATO’s hit-list for that period. Whatever the case, it is important to remain proactive in managing the risk of an audit.

Mizael Partners provides the following services if you do get audited:

• Communication with the ATO

• Review of the accounts and ensure that they are low risk before ATO starts their review

• Attending meeting with the ATO staff on behalf of our clients when required

Why choose Mizael Partners?

Mizael Partners have been providing ATO Audit review services for businesses since 2002. We specialise in ensuring all financial records accurately reflect the position of an individual or organisation. We make sure that all statements and records are compliant with Australian Accounting Standards or International Accounting Standards, Australian Charities and Not-for-profits Commission (ACNC) and the Australian Securities and Investments Commission (ASIC) where required. We also have regular training sessions for our staff to ensure that they are up to date with all the changes in taxation, Accounting Standards and other regulations.

Contact us

To speak to one of our accredited accountants call us on (03) 8821 6868.