ATO GST reporting changes

by

Ed.

From worrells.net.au: The ATO is shifting non-compliant small businesses to monthly GST reporting starting April 1, 2025.

This change aims to improve cash flow and provide timely financial insights, though it requires increased administrative efforts.

Businesses can challenge the decision or seek restructuring options to manage tax debts effectively.

Filed under: GST, SME & Family Business

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