With the increased use of technology, and increased scrutiny of large business by the tax authorities, indirect tax processes are no longer just a tax process, they are an essential part of your overall business.
The ATO requested Salary Packaging providers in April 2021 to disclose data on all their clients Novated Leases which is causing concern.
We’ve provided a succinct summary of the 2020 audit focus area’s across the various indirect taxes and jurisdictions that your organisation should be aware of.