ATO Pushes Monthly GST Reporting for Non-Compliant Businesses

The ATO will force non-compliant small businesses to report GST monthly starting April 1.
Around 3,500 small businesses will be affected.
The change is intended to improve compliance and help businesses address past tax obligations.
A review process is available for businesses that believe they are compliant.
The ATO will provide information about the review process to affected businesses and their tax professionals.
The ATO believes monthly reporting reduces the risk of falling behind on tax obligations.
The ATO is committed to supporting compliant businesses and taking action against those who deliberately disregard their obligations.
The ATO’s latest compliance action is part of its ‘Getting it right’ campaign.
The ATO is focusing on income reporting by contractors in certain industries.
The ATO is also focusing on compliance for small business boost measures.
The ATO will publish new focus areas quarterly.

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.