Personal injury

Appealing A Tax Audit

Dealing with a tax audit can be a stressful experience. If you have been audited by the Australian Taxation Office (ATO) and disagree with the findings, you have the right to appeal the decision. Wright Street Lawyers in Adelaide can provide you with client-focused legal assistance throughout the appeals process.

Understanding Tax Audits

When the ATO conducts a tax audit, they review your financial records and tax returns to ensure compliance with tax laws. If they find discrepancies or errors, they may issue an audit report outlining their findings and any proposed adjustments.

Grounds for Appeal

You can appeal a tax audit decision if you believe there are errors in the ATO’s findings, or if you have additional information that was not considered during the audit. Common grounds for appeal include:

  • Incorrect interpretation of tax laws
  • Mistakes in calculations
  • Missing or overlooked documentation

Steps in the Appeals Process

The process of appealing a tax audit decision involves several steps:

  1. Requesting a review of the decision
  2. Providing additional information or evidence to support your case
  3. Attending a conciliation conference, if necessary
  4. If the issue remains unresolved, lodging an appeal with the Administrative Appeals Tribunal (AAT)

FAQs

1. Can I appeal a tax audit decision on my own?

While you have the right to represent yourself in an appeal, seeking legal advice from experienced tax lawyers can greatly improve your chances of success.

2. How long do I have to appeal a tax audit decision?

Generally, you have a limited timeframe to appeal a tax audit decision, so it is important to act promptly to protect your rights.

3. What are the potential outcomes of a tax audit appeal?

If your appeal is successful, the ATO may revise their findings and adjust your tax assessment accordingly. However, if the appeal is unsuccessful, you may need to explore further legal options.

For personalised legal advice and representation in appealing a tax audit decision, contact Wright Street Lawyers in Adelaide today.

Call us at 123-456-789 or email info@wrightstreetlawyers.com.