The Cost of Doing Nothing: ATO’s Move to Monthly GST Reporting

A financial report with graphs and charts labeled 'Monthly Report,' representing business tax reporting and compliance

The Australian Taxation Office (ATO) is making changes that will impact small businesses that have a history of non-compliance with their GST reporting. From 1 April 2025, the ATO will transition certain small business taxpayers from quarterly to monthly GST reporting. This shift will apply to businesses with a track record of late payments, missed … Read more