Key Risk Areas the ATO is Targeting

The ATO has made it clear where it’s focusing its attention — and small businesses are firmly in the spotlight.

This isn’t about new laws.

It’s about existing rules being enforced more aggressively.

Here’s what the ATO is watching — and what we see working for businesses that stay out of trouble.

The ATO’s current focus areas

According to the ATO’s Deputy Commissioner, these are the areas causing the most issues right now — either through mistakes, shortcuts, or poor systems.

1. Contractors not declaring all income

This is a big one.

The ATO is heavily data-matching:

  • payments reported by customers

  • bank deposits

  • platform income

If income doesn’t line up, it gets flagged.

What we see go wrong:

  • income spread across multiple accounts

  • cash jobs not recorded properly

  • assuming “small amounts don’t matter”

What works:

  • simple, consistent income tracking

  • one source of truth for revenue

  • reconciling income regularly, not yearly

If income is earned, it needs to be declared — every time.

2. Moving businesses from quarterly to monthly BAS

The ATO is encouraging more small businesses to lodge BAS monthly instead of quarterly.

This isn’t about punishment — it’s about control.

Why the ATO likes monthly BAS:

  • better cash flow visibility

  • smaller, more manageable payments

  • fewer end-of-quarter surprises

What we see:
Businesses that move to monthly BAS usually:

  • manage cash better

  • fall behind less

  • make fewer mistakes

Quarterly BAS often hides problems until they’re too big to ignore.

3. Encouraging self-amendment of tax returns

The ATO would rather businesses fix mistakes themselves than wait to be audited.

They’re actively encouraging:

  • voluntary corrections

  • self-amendments

  • early disclosure

What works:

  • fixing errors as soon as they’re identified

  • not waiting for the ATO to come knocking

  • treating mistakes as something to correct, not hide

Self-amending early is almost always cheaper and less stressful.

4. Ongoing focus areas that still catch people out

The ATO is also continuing to watch:

  • non-commercial losses

  • small business CGT concessions

  • GST registration (especially ride-share, taxis, delivery platforms)

These areas aren’t new — but they’re still commonly misunderstood and misapplied.

Behaviours that attract ATO attention (we see these all the time)

The ATO has been very clear about what puts businesses on the radar.

🚩 Underreporting income

Whether intentional or not, this is one of the fastest ways to trigger scrutiny.

🚩 Failing to lodge or pay on time

Late lodgements and unpaid liabilities signal a lack of control.

🚩 Cash payments to avoid tax or super

Paying staff in cash to “keep it simple” is a major red flag.

🚩 Using business money for personal expenses

Without proper records or reporting, this quickly becomes a problem.

🚩 Poor record-keeping

If you can’t back up the numbers, the ATO assumes the worst.

Most audits don’t start because of one big mistake —
they start because of patterns.

What we see actually keeps businesses safe

Businesses that stay out of trouble tend to do a few things consistently:

  • report income properly and on time

  • keep records clean and up to date

  • deal with issues early, not later

  • don’t push grey areas hoping they won’t be noticed

  • ask questions before problems escalate

Good habits matter more than clever strategies.

Who this applies to

When the ATO talks about “small business”, they mean:

  • sole traders

  • companies

  • trusts

  • partnerships

with turnover under $10 million.

If that’s you, these focus areas apply.

Bottom line

The ATO isn’t changing the rules — it’s enforcing them more closely.

Most businesses don’t get into trouble because they’re reckless.
They get into trouble because:

  • systems are loose

  • advice is reactive

  • issues are ignored too long

Staying one step ahead here means:

  • knowing what the ATO cares about

  • tightening the basics

  • fixing problems early

That approach is always cheaper than dealing with an audit later.

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