ATO focus areas

Read about the risky business behaviours that are attracting ATO attention and learn how to get it right.

The ATO has just launched their focus areas for small business. It outlines their current focus areas to help you get it right from the start and stay on track.

Behind every small business are busy people who are working hard to build and run their business. Small business is serious business, and ATO wants to help you get it right. They are doing this by being transparent on the key focus areas that attract their attention.

The ATO detects, treats, and addresses concerning behaviours to support all businesses so they can have an equal chance of success.

The 3 areas that ATO is focused on right now are:

• business income is not personal income
• deductions and concessions
• operating outside the system.

They will continue to review and publish new focus areas quarterly. Now is the time to fix these issues and get things right, so you can spend more time on your business.

If you’re struggling financially, RA Advisory Business Accountants registered tax professional can help you find the best strategies to get your business back on track.

You can also visit good business habits, for information on creating good business habits.

For learning resources, tools and support, visit supporting your small business and Essentials to strengthen your small business.