No More Benchmarking

We welcome the ATO withdrawal of a number of their benchmarks for analysis of taxpayers. 

From our experience, the ATO benchmarks were largely irrelevant and paid little heed to what actually went on in the “real world” – the fact that they cobbled together a range of business types in to the one group served to de-value the process even further – along with increasing the ambiguity and problems associated with trying to help our customers through the “nasty letter” phase that an “adverse” benchmark result generated.

We appreciate the need to bring fraudulent taxpayers to account – the benchmark process adopted by the ATO, with its inherent flaws and shortcomings, is not the way to do it.

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