From publicaccountant.com.au: To prepare clients for potential ATO audits, tax agents should focus on organisation rather than avoidance, encouraging clients to document their processes, keep financial records centralized, and create a clear diagram of business interests.

Obtaining audit insurance is advisable for higher-risk clients, and proactive engagement with the ATO is crucial to mitigate potential issues.

Tax professionals should seek specialised legal assistance for complex audit situations while maintaining open communication with the ATO to address any inquiries promptly.